PRESS RELEASE: NACON: Q1 2021/22 Sales
26 Luglio 2021 - 5:45PM
PRESS RELEASE: NACON: Q1 2021/22 Sales
Press
release
Lesquin, 26 July 2021 18 :00hrs
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€SalesNon
audited data |
2021/2022 |
2020/2021 |
Change |
|
1st QuarterGamesAccessoriesOthers(1) |
33.712.220.6
0.9 |
38.014.522.5
0.9 |
- 11.3%- 16.0%- 8.8%+ 0.5% |
(1) Mobile and Audio sales.
In Q1 2021/22 (from 1 April to 30 June 2021),
Nacon achieved sales of 33.7 M€, down 11.3% compared to Q1
2020/2021. Despite an unfavourable comparison basis, the back
catalogue showed a positive momentum.
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 USA
generated very high sales during the lockdown in the first quarter
of 2020/21. Sales of other accessory ranges rose by 19%, thanks in
particular to the very good performance of both PlayStation®4
controllers and Pro Compact controllers for Xbox®.
Outlook: confirmation of 2021/22 and
2022/23 targets
In Q2 2021/22, Nacon will release the RIMS
Racing and WRC®10 games as well as the Revolution X Pro controller
for Xbox®.
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, Rogue Lords and
Vampire: The Masquerade®- Swansong, a cult role-playing game with
30 million players worldwide. The Accessories business is expected
to benefit from a year on year higher order book.
Nacon confirms its 2021/22 targets with sales
between 180 M€ and 200 M€ and a Current Operating Income (COI)*
rate of 20%.
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™), Nacon is confident that it will
achieve its targets for its next financial year 2022/23, i.e. sales
between 230 M€ and 260 M€ and a Current Operating Income (COI)*
rate in excess of 20%.
* COI rate = Current Operating Income to sales =
Current Operating Margin
Upcoming
events:Annual General
Meeting: Friday 30 July
2021
Q2 2021/22 sales:
25 October
2021, Press
release after close of the Paris stock exchange
|
ABOUT
NACON |
|
2020-21
ANNUAL SALES177.8
M€ HEADCOUNTOver 600
employees INTERNATIONAL16 subsidiaries
and a distribution network across 100
countrieshttps://corporate.nacongaming.com/ |
NACON is a company of the BIGBEN Group founded in 2019 to
optimize its know-how through strong synergies in the video game
market. By bringing together its 11 development studios, the
publishing of AA video games, the design and distribution of
premium gaming devices, NACON focuses 30 years of expertise at the
service of players. This new unified business unit strengthens
NACON's position in the market, enables it to innovate by creating
new unique competitive advantages. Company
listed on Euronext Paris, compartment B ISIN :
FR0013482791 ; Reuters : NACON.PA ; Bloomberg :
NACON:FP PRESS CONTACTCap Value – Gilles
Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01 |
- CP_Nacon_CA_T1 2021-22_ENG
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