Games Workshop CEO annual report preamble leaked
Update: The preamble has been confirmed as genuine today with the release of GW’s 2014 annual report.
The forum readers over at Warseer have unearthed Tom Kirby’s preamble to the annual report ahead of its scheduled release tomorrow.
Games Workshop has had a really good year. If your measure of ‘good’ is the current financial year’s numbers, you may not agree. But if your measure is the long-term survivability of a great cash generating business that still has a lot of potential growth, then you will agree.
Full text available here from Games Workshop investor website. Of note, Mr Kirby announces he is stepping down, and admits that they spent “far too much money for too little gain” suing “someone stealing [their] ideas and images” – presumably he is referring to Chapterhouse Studios. He also comments at some length about 3D printing.
Even more interestingly, assuming this is the true preamble to the annual report there may be some complications with the London Stock Exchange tomorrow if these communications were released prematurely.
Originally Posted by frozenwastesTo find the preamble, I looked at the URL of previous reports and typed in the URL if it had this month and year as the date. The end result was a directory that had the preamble, an agenda for the annual meeting and a form for proxy voting at the annual meeting.