The UK’s blue-chip share index could be about to be invaded by Space Marines, Weirdboyz and Chaos Knights.
Games Workshop, the UK maker of miniature wargames, is on track to be promoted to the FTSE 100 when the next quarterly reshuffle is calculated later this week, taking its place among the 100 most valuable companies listed in London.
The company is valued at £4.6bn – enough to merit a place in the FTSE, on current prices – nearly 50 years after it was founded in London.
The continued success of its science-fiction fantasy miniature war franchise, Warhammer, lucrative new licencing deals, and a pick-up of interest during the Covid-19 lockdowns, have helped Games Workshop beat forecasts for revenue and profits in recent years, pushing its value steadily higher.
Based on the latest market values, Games Workshop – along with investment trust Alliance Witan and financial adviser St James’s Place – are set to be lifted up…
