---
title: "Games Workshop Reports 33% Percent Profit Surge Despite US Tariff Concerns"
publisher: "Stockmark.IT"
author: "Stockmark.IT Website"
published: "2025-01-17T04:48:16+00:00"
modified: "2025-01-15T16:51:53+00:00"
date: 2025-01-17
canonical: "https://stockmark.it/games-workshop-reports-33-percent-profit-surge-despite-us-tariff-concerns/"
category: "Financial"
categories: ["Financial", "Gaming", "Gaming Industry", "Retail"]
image: "https://i0.wp.com/stockmark.it/wp-content/uploads/stencil.default-77-2.jpg?fit=1200%2C800&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Games Workshop Reports 33% Percent Profit Surge Despite US Tariff Concerns

**Published:** January 17, 2025
**Author:** Stockmark.IT Website
**Categories:** Financial, Gaming, Gaming Industry, Retail
**Featured image:** ![God of War Ragnarök game screen displayed on a monitor. from Stockmark.it](https://i0.wp.com/stockmark.it/wp-content/uploads/stencil.default-77-2.jpg?fit=1200%2C800&quality=89&ssl=1)

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Games Workshop, the renowned manufacturer of Warhammer miniatures, has delivered impressive financial results with a 33 per cent increase in half-year profits, driven by the continued expansion of its fantasy figurine empire.

The company’s maiden results as a FTSE 100 constituent revealed pre-tax profits of £126.8 million for the six months to December 1, 2024, significantly up from £95.2 million in the corresponding period. However, Chief Executive Kevin Rountree’s cautionary statements regarding cost inflation and potential US import tariffs dampened investor enthusiasm, causing shares to decline 790p, or 6 per cent, closing at £124.44.

The Nottingham-based enterprise experienced substantial growth in its licensing division, with revenues surging from £12.1 million to £30.1 million. This remarkable increase was largely attributed to the successful launch of Space Marine 2, a video game adaptation of its Warhammer 40,000 franchise, which achieved over five million sales.

Games Workshop’s retail footprint now encompasses 553 shops across various territories, including Germany, Japan, and the US, with plans to establish 28 additional outlets during the current financial year. The company reported total revenues of £299.5 million in the six-month period, marking a 21 per cent increase year-on-year.

The company’s future prospects appear promising, bolstered by a significant agreement with Amazon in December 2023 to develop a Warhammer 40,000 television series. British actor Henry Cavill, renowned for his portrayal of Superman, has committed to both executive produce and star in the production.

Shareholders received positive news with the announcement of a 155p per share dividend, reflecting the company’s robust financial position and commitment to investor returns.

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**Original URL:** https://stockmark.it/games-workshop-reports-33-percent-profit-surge-despite-us-tariff-concerns/
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