Games Workshop staff to share £12 million bonus pot
Games Workshop is to hand £12 million worth of share bonuses to staff following strong sales in its current financial year.
The share bonuses will be paid on an equal basis to each member of staff.
Subscribe to TRBThe payment will be much larger than in the previous year when the company paid profit share bonuses amounting to £2 million.
Games Workshop has also said that it expects group sales to be not less than £350 million in the year to 30 May. This compares to £270 million in the prior year. It is also expecting its full year pre-tax profit to come in at not less than £150 million which will be up from £89 million in the prior 12-month period. This will includes royalties receivable from licensing which are estimated to be around £15 million.
When announcing the company’s half year results back in January, Games Workshop chief executive Kevin Rountree said the business had put in a “cracking” performance with sales rising to £186.8 million in the six months 29 November compared to £148.4 million in the corresponding period in the previous year.
In addition to its Games Workshop website, the company operates the Warhammer chain of stores across the UK.
