Press release
Lesquin,
Q1 2021/22 Sales : 33.7 M€ (-11.3%)
- High comparison basis
- Back catalogue résilience
Confirmation of FY 2021/22 and FY 2022/23 targets
IFRS – M€ Sales Non audited data | 2021/2022 | 2020/2021 | Change |
1st Quarter Games Accessories Others(1) | 33.7 12.2 20.6 0.9 | 38.0 14.5 22.5 0.9 | - 11.3% - 16.0% - 8.8% + 0.5% |
(1) Mobile and Audio sales.
In Q1 2021/22 (from 1 April to
GAMES
The video games business posted sales of 12.2 M€, down 16.0% compared with Q1 2020/21, when back catalogue sales were boosted 340% by lockdown. However the good performance of the back catalogue demonstrated its resilience with sales of 9.2 M€ against 10.8 M€ in Q1 2020/21 during the first lockdown, to be compared with 2.4 M€ in Q1 2019/20. The Roguebook (81% positive reviews on Steam) and Pro Cycling Management / Tour de France 2021 games released in the quarter were also well received.
ACCESSORIES
The Accessories business recorded sales of 20.6 M€, down 8.8%, as the introduction of RIG helmets in the
Outlook: confirmation of 2021/22 and 2022/23 targets
In Q2 2021/22,
Sales are expected to grow in the second half of FY 2021/22. It should be supported by more game releases including Blood Bowl 3®, Rugby22®, Train Life, Hotel Life,
Given the launch in FY 2022/23 of 4 major games (Test Drive Unlimited Solar Crown, Steelrising™, The Lord of the Rings™: Gollum™ and Session™),
* COI rate = Current Operating Income to sales = Current Operating Margin
Upcoming events:
Annual General Meeting: Friday 30
Q2 2021/22 sales: 25 October 2021, Press release after close of the
ABOUT | |
2020-21 ANNUAL SALES 177.8 M€ HEADCOUNT Over 600 employees INTERNATIONAL 16 subsidiaries and a distribution network across 100 countries https://corporate.nacongaming.com/ | Company listed on Euronext Paris, compartment B ISIN : FR0013482791 ; Reuters : NACON.PA ; Bloomberg : NACON:FP PRESS CONTACT Cap Value – Gilles Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01 |
Attachment
- CP_Nacon_CA_T1 2021-22_ENG
© OMX, source