PRESS RELEASE: BIGBEN: ANNUAL SALES FOR FY 2022-23:
Press release
Lesquin, 24 April 2023, 18:00 hrs
Q4 2022-23 SALES
UP
9.0%
TO
65.7
M€
ANNUAL SALES FOR FY 2022-23: €283.8 M€
(+2.9%)
BIGBEN INTERACTIVE (ISIN FR0000074072) today
published its consolidated sales for the full 2022-2023 financial
year (period from 1 April 2022 to 31 March 2023).
|
IFRS – M€ |
2022/23 |
2021/22 |
Change in % |
|
Sales |
|
1st half-year (Apr. - Sept.) |
138.6 |
124.2 |
+11.6% |
|
|
|
|
|
|
3rd quarter (Oct. – Dec.) |
79.5 |
91.3 |
-12.8% |
|
|
|
|
|
|
4st Quarter
(January -
March)
(1) |
65.7 |
60.3 |
+9.0% |
|
|
|
|
|
|
Nacon Gaming |
37.7 |
31.7 |
+19.1% |
|
Bigben Audio / Telco |
28.0 |
28.6 |
-2.1% |
|
|
|
|
|
|
Cumulative 12
months
(April
- March)
(1) |
283.8 |
275.7 |
+2.9% |
|
|
|
|
|
|
Nacon Gaming |
156.4 |
155.9 |
+0.3% |
|
Bigben Audio / Telco |
127.4 |
119.8 |
+6.3% |
|
|
|
|
|
(1) Non audited data
Consolidated sales for Q4 2022-2023 up
9.0% to 65.7 M€.
NACON Gaming recorded Q4 sales
of 37.7 M€, up 19.1%.
VIDEO GAMES: As expected, the publishing news
was once again abundant in the fourth quarter with the release of
four games (Chef Life, Blood Bowl®3, Clash and Transport Fever 2
Console Edition), enabling Catalogue sales (new games) to jump by
130.1% to 13.7 M€.
The Back catalogue (games released in previous
years) continued to outperform and reached an all-time high in the
quarter. Its sales rose by 61.2% to 11.2 M€.
ACCESSORIES: Sales of new generation consoles
have been increasing since the beginning of the year. However, due
to a certain inertia, the Accessories business did not benefit from
this in the immediate future. This activity thus amounted to 12.2
M€, down 31.6%. Nevertheless, a slowdown in the decline was
observed at the end of the quarter, suggesting a gradual
improvement in the global market in the coming months.
BIGBEN - Audiovideo/Telco
posted 28.0 M€ sales in Q4 2022-23, down 2.1%.
MOBILE ACCESSORIES: Q4 sales came to 21.6 M€,
compared with 21.8 M€ for the same period of FY 2021-22.
In a telco market that ontracted in volume over
2022, this business continued to perform well thanks to the
positive momentum of charger sales and the premiumisation of
product ranges:
- Confirmation of the success of the Force®
premium ranges. Over a year, more than 2 million units were sold,
up 7% on the previous year.- Successful launch of the new
Force® Play brand. This success was rewarded with
the "Voted Product of the Year 2023" label.- Introduction on the
market, at the end of December 2022, of the first Force® Power high
performance universal charger manufactured in France and equipped
with GaN, Power Delivery technologies.
AUDIOVIDEO: Sales for the quarter amounted to
6.4 M€ compared to 6.7 M€ in Q4 2021-2022. The Bigben Kids and
Bigben Party alarm clock ranges performed well. The Video business,
on the other hand, experienced a slowdown over the period.
Over 12 months, BIGBEN -
Audiovideo/Telco sales rose by 6.3% to 127.4 M€. Mobile accessories
were up by 6.2% to 96.8 M€. The AudioVideo sector posted an
increase of 6.7% to 30.6 M€ due in particular to the inclusion of
Metronic in the consolidation scope.
Consolidated sales 2022-2023 &
expected results
For the financial year, the Group's turnover
will be €283.8m, up 2.9% compared to 2021-2022.
In terms of results, BIGBEN expects current
operating income before IFRS2* to be down on the previous financial
year, while operating income will increase.
Strong growth ambitions for
2023-2024
The 2023-2024 financial year will be marked for
NACON by a high level of editorial activity with
around twenty games to be released over the period, compared with
13 games last year.
The first half of 2023-2024 will see the release
of the highly anticipated The Lord of the Rings GollumTM , as well
as Cricket24, RoboCop: Rogue City and Rugby24, the official game of
the Rugby World Cup, which will take place next September.
The back catalogue will continue to grow under
the mechanical effect of the games released in FY 2022-2023.
Finally, the Accessories business should benefit
from several factors:- A more favourable base effect. - A gradual
end to the tensions experienced in 2022-2023 thanks to the increase
in the number of new consoles.- An offer that will be expanded in
the coming months with the release of several high-potential
products.
The BIGBEN AUDIO-VIDEO/TELCO
business should continue to benefit from the withdrawal of chargers
and pedestrian kits for most new smartphones. At the same time, the
diversification of sales channels is continuing in order to develop
the sale of accessories in the reconditioned smartphone segment.
Finally, the listing by Metronic of Audio products in DIY stores
since Q3 2022-2023 opens up new commercial prospects.
Given the growth expected to be sustained at
NACON Gaming and the resilience of the BIGBEN Audio-Video/Telco
business, the Group reaffirms its confidence and anticipates strong
growth in its business over the full year.
* Current operating income before IFRS2
corresponds to current operating income before expenses related to
share-based payment plans.
Next Publication:
Annual Results 2022/23: 30 May
2023 (Press release after close of the Paris stock
exchange)
|
SALES
2022-23
283.8 M€ HEADCOUNT Over 1200 employees
INTERNATIONAL 31 subsidiaries and a distribution
network in more than 100 countries
www.bigben-group.com |
Bigben Interactive is a European player in video game development
and publishing, in design and distribution of smartphone and gaming
accessories as well as in audio products. The Group, which is
recognized for its capacities in terms of innovation and
creativity, intends to become one of Europe’s leaders in each of
its markets Company listed on Euronext Paris, compartment B – Index
: CAC Mid & Small – Eligible SRD long ISN : FR0000074072 ;
Reuters : BIGPA ; Bloomberg : BIGFP PRESS CONTACTS
CapValue – Gilles Broquelet gbroquelet@capvalue.fr - +33 1 80 81
50 |
- CP_BBI_CA_T4 2022-23 ENG Vdef
Grafico Azioni Bigben Interactive (EU:BIG)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Bigben Interactive (EU:BIG)
Storico
Da Gen 2024 a Gen 2025
