Friday, 18 January 2013

Making the Papers: Games Workshop Half Year Financial Results

So, imagine my surprise as I browsed the business pages of the Evening Standard this evening to see a Space Marine looking back at me!

The article reads:

"Economists claim cash-strapped Brits are cutting back on fripperies to afford the necessities but Games Workshop still managed to flog £67.5 million worth of miniature soldiers, Lizardmen and tiny Orcs in only six months.
The chain, which calls itself “the largest and the most successful tabletop fantasy and futuristic battle-games company in the world”, saw revenues rise 8% in the half year to the start of December.
More adults and kids alike snapping up Games Workshop’s small Warhammer World, Lord of the Rings and The Hobbit models helped pre-tax profit hit £11.1 million, from £9.5 million a year earlier. But that growth wasn’t enough to retain the interest of chief executive Mark Wells. The 50-year-old, who has spent five years in the top job and had a pay package worth £307,000 last year, is leaving, the retailer said, “on good terms and with our very best wishes”.
Games Workshop said its board will appoint a new chief executive “in due course” and that chairman Tom Kirby will be acting chief executive and chairman in the meantime.
Wells may be cheered to know shares in Games Workshop fell 2.5p to 657.5p on news of his departure."

An online copy of the article can be found here:
Fightback: Games Workshop on a winner as profits rise - Business News - Business - London Evening Standard

Of course, me being me . . . I'm more fascinated as to where they got the picture of the Space Marine in the picture - he's clearly a kitbash, and he doesn't show up near the top of most of the common google searches I can think of. Time for some detective work!

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