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    MAIL   US5603172082

MAIL.RU GROUP LIMITED

(MAIL)
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Philippe Sauze Joins MY.GAMES, part of Mail.ru Group to Head Up the European Division

10/12/2021 | 05:27am EST

MY.GAMES (part of Mail.ru Group), announces the appointment of Philippe Sauze as the Head of MY.GAMES Europe headquartered in Amsterdam. He will lead the company's ongoing mission to further enhance the positioning of MY.GAMES across Europe as part of its ambitions of becoming a top-25 player globally in terms of revenues. Philippe Sauze is a true industry veteran and advocate with a deep knowledge of the global gaming industry, given his 26 years of experience in the field. Philippe spent 15 years at Electronic Arts, was elected President of the French video game industry syndicate (SELL) and most recently was the Head of Activision Blizzard EMEA. As the Head of MY.GAMES Europe, Philippe Sauze has been hired with the mission to reinforce the European publishing hub of MY.GAMES and expand the company's presence in Europe and beyond. He will use his extensive years of industry expertise to further strengthen and diversify the international development strategy of MY.GAMES, with the objectives of broadening its international market share, building upon the success of the existing gaming franchises, while launching additional successful titles and forging new and deeper links with the global development community.


© S&P Capital IQ 2021
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Financials
Sales 2021 127 B 1 697 M 1 697 M
Net income 2021 -134 M -1,78 M -1,78 M
Net Debt 2021 16 113 M 215 M 215 M
P/E ratio 2021 -43,8x
Yield 2021 -
Capitalization 273 B 3 618 M 3 642 M
EV / Sales 2021 2,27x
EV / Sales 2022 1,86x
Nbr of Employees 6 334
Free-Float 86,5%
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Number of Analysts 17
Last Close Price 1 209,33 RUB
Average target price 2 369,49 RUB
Spread / Average Target 95,9%
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Managers and Directors
Matthew Charles Perrins Hammond Managing Director & Chief Financial Officer
Dmitry Grishin Non-Executive Chairman
Denis Anikin Chief Information Officer
Igor Yermakov Chief Technology Officer & Vice President
Alexey Milevskiy Chief Investment Officer
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