Games Workshop Cheers record year, but faces £ 12 million of US rates.

Warhammer Maker Games Workshop has shown a record year thanks to the continuous popularity of its board games, but warned that US tariffs could erase £ 12 million from their profits.

The company's shares increased Tuesday morning, since investors were driven by increased sales.

The company based in Nottingham jumped to the FTSE 100 last year after the growing world trade helped to generate an increase in the value of the company.

Games Workshop saw North America increased by 14.6% to record levels of £ 51.7 million for the year until June, since it benefited from more store openings during the year.

However, the company warned that it could face higher costs due to the new tariff plans of the administration of US President Donald Trump.

“Our current estimate is that if we did nothing, the new tariffs could impact the profits before taxes in around £ 12 million in 2025/26,” said the company.

He said he plans to deal with the problem of his “normal pragmatic form” and will not change his operational plans “too much.”

It is likely that tariff costs reduce their gross gain margins in about 2% during the year, but the company said it hopes to recover this through efficiency.

It occurred when the game workshop revealed that the income increased by 14.2% to £ 565 million for the year, in the middle of a strong demand for basic Warhammer 40,000 products already through its IP licensed.

Meanwhile, earnings before taxes increased by almost a third to £ 262.8 million for the year of £ 203 million the previous year.

The company opened 30 new stores during the past year and closed eight places to leave it with a portfolio of 570 stores worldwide.

Kevin Rountree, executive director of Games Workshop, said: “After a record year, we continue to deliver our operational plans and work tirelessly to overcome the significant obstacles that are brought on the road.

“We will continue giving us the freedom to make some mistakes, constantly working on improvements in product quality and manufacturing innovation.

“Despite our recent successes, we will never assume the support of our fans.”

The company's shares were 5% higher as a result.

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