Remedy Entertainment Oyj : 2018 financial review presentation
February 12, 2019 at 10:45 am EST
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REMEDY ENTERTAINMENT
FY2018 Financial Review12.2.2019
AGENDA
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Review of 2018
Tero Virtala, CEO
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Financial Results of 2018
Terhi Kauppi, CFO
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Outlook for 2019
Tero Virtala, CEO
FY2018 SUMMARY- 1/2
•Revenue20,1 millioneuros (+17,3 %).
•EBIT0,6 millioneuros (-69,6 %).
•The Board of Directors proposes dividend distribution of0,10 eurosper share.
•Revenue growth positively affected by two projects proceeding into full production phase according to plans.
•EBIT affected by personnel growth in game development teams as well as investments in support functions and infrastructure. No product development costs capitalized.
FY2018 SUMMARY- 2/2
•Operation Frost, our first CrossFire project was completed.
•NewCrossFiregame project started with
Smilegate.
•Controlannounced during PlayStation media briefing at E3 2018, related to a marketing deal with Sony.
•It was announced that a TV series based on theAlan Wakegame is being prepared.
•Alan Wakereturned to digital gaming outlets with renegotiated music licenses.
•A newVanguardgame development team was formed.
2017-2018
TRANSFORMATION TO BUILD THE BASIS FOR FUTURE GROWTH
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Games that stand out
Operating on a
Stronger position
in the market and expand
multi-project model
in the value chain
into long-term franchises
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Remedy Entertainment Oyj published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 15:44:01 UTC
Remedy Entertainment Oyj is a Finland-based game developer. The Company creates cinematic story-driven action console and computer games, which are published by partners, such as Microsoft, Rockstar Games and Smile Gate. The Companyâs titles include Death Rally, Max Payne, Max Payne 2: The Fall of Max Payne, Alan Wake, Alan Wake's American Nightmare and Quantum Break, among others.