Lord of Rings fall-off impacts Games Workshop profits

Fantasy war games retailer Games Workshop today warned its full year profits would fall short of market expectations after interest in Lord of the Rings - one of its mainstay lines – continued to wane.

The England-based group, which makes model versions of the trilogy, said revenues for the six months to November 27 had fallen from £71m (€103m) to £57.1m (€82.7m) and profits before tax tumbled from £7.6m (€11m) to £119,000 (€172,000) as the “bubble” created by the Lord of the Rings films continued to deflate.