PRESS RELEASE: BIGBEN: FOURTH-QUARTER 2023/24 SALES UP 6.6% TO €69.7 MILLION
29 Aprile 2024 - 6:00PM
PRESS RELEASE: BIGBEN: FOURTH-QUARTER 2023/24 SALES UP 6.6% TO
€69.7 MILLION
Press release
Lesquin, 29 April 2024, 6:00pm CET
FOURTH-QUARTER 2023/24 SALES
UP 6.6% TO €69.7 MILLION
2023/24 SALES (non-IFRS) UP 4% TO
€294.9 MILLION
STRONG GROWTH IN PROFITABILITY OVER THE
FULL YEAR
BIGBEN INTERACTIVE (ISIN FR0000074072) has today
reported its consolidated sales for its 2023/24 financial year
(period from 1 April 2023 to
31 March 2024).
Sales (unaudited) |
2023/24 |
2022/23 |
Change |
€ million |
|
|
|
Fourth quarter (January–March) |
69.7 |
65.4 |
+6.6% |
Nacon Gaming |
41.0 |
37.3 |
+9.8% |
Bigben Audio/Telco |
28.8 |
28.1 |
+2.4% |
|
|
|
|
Full year (April–March) |
|
|
|
Non-IFRS sales |
294.9 |
283.5 |
+4.0% |
Nacon Gaming |
170.7 |
156.0 |
+9.5% |
Adjustment for the partial disposal of Gollum |
-3.0 |
|
|
Bigben Audio/Telco |
124.2 |
127.5 |
-2.6% |
IFRS sales |
291.9 |
283.5 |
+3.0% |
Fourth-quarter sales up 6.6% to
€69.7 million
NACON Gaming generated
fourth-quarter 2023/24 sales of €41.0 million, up 9.8%.
GAMING: Performance was
positive in the fourth quarter, with sales rising 7.9% to
€26.4 million despite a high base for comparison (strong
back-catalogue activity in Q4 2022/23 and release of Blood
Bowl® 3, Chef Life and Transport Fever 2 Console Edition).
Catalogue sales (new games) rose 16.3% to
€15.4 million over the period. Five games were released in the
fourth quarter of 2023/24 and performed well:
- War Hospital and
New Cycle in January,
- Garden Life and
Welcome to Paradize in February,
- Taxi Life in
March.
Over the full year, NACON had a busy release
schedule, launching 19 games, including some top sellers such as
Robocop: Rogue City TM, which was
a big hit, Cricket 24: Official Game of The Ashes
TM, Taxi Life, Tour de
France and Welcome to Paradize.
An impressive line-up of launches is also
planned for 2024/25, with around 15 games scheduled for release,
including Test Drive Unlimited: Solar
CrownTM, Crown
Wars: The Black Prince, Ravenswatch,
which has sold more than 400,000 early-access copies on PC and
Greedfall II: The Dying World and
Terminator: SurvivorsTM, which
will be given an early access release.
Back-catalogue sales (games released in previous
years) held up well at €11.0 million. In 2024/25,
Back-catalogue sales will get a boost from the various games
released in the 2023/24 financial year, paving the way for strong
growth.
ACCESSORIES: Over the quarter,
Accessories sales rose 13.1% to €13.8 million. The new
products released in October, including the RIG
600 PRO gaming headset and the
REVOLUTION 5 PRO controller, have gone from
strength to strength. The RIG 600
PRO has sold very well, especially in the US.
These trends are expected to continue over the next few months with
the increase in the installed base of consoles.
Bigben – Audio-Video/Telco
generated fourth-quarter sales of €28.8 million, up 2.4%.
MOBILE ACCESSORIES: In a smartphone market that
continues to contract significantly, the mobile accessories
business performed well, with sales rising 8.0% to
€23.3 million. The Force brand and the
stellar performance of Force Play 2 earbuds,
chosen as the “Product of the Year 2024”, drove this growth,
enabling BIGBEN to outperform the market by a significant margin.
New “Force” ranges are being lined up and will
underpin the development of the Mobile Accessories business over
the coming months.
AUDIO-VIDEO: This business generated sales of
€5.4 million in the quarter, compared with €6.3 million
in the same period of the previous year. Audio
sales came to €2.7 million. The introduction of the Cosy,
Bigben Party and Kids ranges in France and the rest of Europe
continued to make good progress, pointing to bright times ahead.The
Video business showed resilience, with sales
stable at €2.7 million compared with the previous year.
Further strong growth in operating
income expected over the full year
Given the performance over the full year, the
Group has generated strong growth in its operating income.
The targets and development strategy for the
2024/25 financial year will be presented when the full-year 2023/24
results are published on 3 June.
Next event:
FY 2023/24 results press release to be
published on 3 June 2024 (after the market
close)
FY 2023/24 results presentation meeting at 11:30am on
4 June 2024
ABOUT BIGBEN
INTERACTIVE |
2023/24 (NON-IFRS)
SALES€291.9 million HEADCOUNTOver
1,300 employees INTERNATIONAL
PRESENCE31 subsidiaries and a distribution network
covering 100 countrieswww.bigben-group.com |
Bigben is a pan-European player in publishing video games and
designing and distributing mobile accessories, gaming accessories
and audio/video products. The Group is known for being innovative
and creative and aims to be one of Europe’s leading companies in
each of its markets. Listed on Euronext Paris, Compartment B -
Index: CAC Mid & Small – Eligible for the long-only deferred
settlement serviceISIN: FR0000074072; Reuters: BIG.PA; Bloomberg:
BIGFP PRESS CONTACTCap Value – Gilles
Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01 |
- CP_BBI_CAT4 23-24 English Diffusion
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