{"id":1211,"date":"2023-12-08T10:37:50","date_gmt":"2023-12-08T10:37:50","guid":{"rendered":"https:\/\/boardgamewire.com\/?p=1211"},"modified":"2023-12-08T10:43:20","modified_gmt":"2023-12-08T10:43:20","slug":"games-workshop-pays-out-7-5m-in-bonuses-to-staff-amid-jump-in-profits","status":"publish","type":"post","link":"https:\/\/boardgamewire.com\/index.php\/2023\/12\/08\/games-workshop-pays-out-7-5m-in-bonuses-to-staff-amid-jump-in-profits\/","title":{"rendered":"Games Workshop pays out \u00a37.5m in bonuses to staff amid jump in profits; share price slumps"},"content":{"rendered":"\n<p>Games Workshop is handing out \u00a32,500 to each staff member in December through a $7.5m bonus pot, after revealing a 12% rise in its half-year profits.<\/p>\n\n\n\n<p>That total is up more than 66% compared to the \u00a34.5m it split between employees in the same period last year, which broadly covers June to November.<\/p>\n\n\n\n<p>The fantasy and sci-fi miniatures maker said it is expecting core revenue of at least \u00a3235m for the six-month period, up from about \u00a3212m year-on-year.<\/p>\n\n\n\n<p>Profit before tax is expected to be \u00a394m, up from \u00a383.6m, although its operating profit from licensing out its intellectual property fell from \u00a312.9m to \u00a311m in the same time-frame.<\/p>\n\n\n\n<p>The UK-based company said its results were &#8220;in line with expectations&#8221;, but its share price tanked more than 10% upon release of the estimates, which will be confirmed in its full half-yearly report on January 9.<\/p>\n\n\n\n<p>Big releases from Games Workshop during the period included the tenth edition of Warhammer 40k and the associated big box of new miniatures, named Leviathan.<\/p>\n\n\n\n<p>Last December the company announced a lucrative tie-up with Amazon, which will see The Witcher and Batman vs Superman star Henry Cavill head up a Warhammer 40k TV series.<\/p>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-black-color has-text-color has-background wp-element-button\" href=\"https:\/\/buttondown.com\/boardgamewire\" style=\"background-color:#f6bf00\">For more stories like this direct to your email inbox, click here to sign up for BoardGameWire&#8217;s free email newsletter. \n\nAnd if you&#8217;ve found our reporting interesting or useful, please consider a paid subscription to help support our journalism!<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Games Workshop is handing out \u00a32,500 to each staff member in December through a $7.5m bonus pot, after revealing a 12% rise in its half-year profits.<\/p>\n","protected":false},"author":1,"featured_media":1212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[21,541,219,540,539,543,32,538,542,536,537],"class_list":["post-1211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-21","tag-bonus","tag-games-workshop","tag-h2","tag-half-year","tag-profit","tag-results","tag-space-marine","tag-staff","tag-warhammer","tag-warhammer-40k"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/1211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/comments?post=1211"}],"version-history":[{"count":3,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/1211\/revisions"}],"predecessor-version":[{"id":1216,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/1211\/revisions\/1216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/media\/1212"}],"wp:attachment":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/media?parent=1211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/categories?post=1211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/tags?post=1211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}