Regulatory News:
FOCUS ENTERTAINMENT (FR0012419307 - ALFOC) announces its
unaudited revenues for the first quarter of 2023/24, ended June
30th, 2023.
Unaudited sales for the 1st quarter of 2023/24 (June 30th,
2023)
In million euros
Non audited
Q1 2023/24
Q1 2022/23
Variation
Catalogue
10.5
18.3
-43%
Back-catalogue
26.1
19.9
+31%
Other
2.0
Total Group
38.6
38.2
+1%
The Group’s sales reached €38.6 million in the first quarter of
2023/24, ended on June 30th, 2023. This quarter was mainly marked
by the contribution of titles launched during previous exercises
but also by the successful launches of Warhammer 40 000:
Boltgun, developed by Auroch Digital and unveiled on May 23rd,
followed by Aliens: Dark Descent unveiled on June 20th and
developed by Tindalos Interactive.
As a reminder, the first quarter of the previous fiscal year
benefited from the big success of Teenage Mutant Ninja Turtles:
Shredder’s Revenge, launched in June 2022 and, to a lesser
extent, from the full release of Hardspace: Shipbreaker.
For the first time, the Group’s revenues also include
contributions from Dovetail Games Group, notably driven by
the franchise Train Sim World and its DLC.
At constant scope, sales were €32.6 million.
90% of the group’s sales were made through digital partners, and
international sales accounted for 95%.
In addition, the Board of Directors of Focus Entertainment took
note of the resignation for personal reasons of Mr. Frank Sagnier
from his role as Board Member, effective immediately. Fabrice
Larue, Chairman of the Board of Directors, commented: "On behalf of
the Board of Directors, I would like to thank Mr. Frank Sagnier for
his commitment and contribution to the Board of Directors, as an
independent Board Member, President and Vice President of the Board
of Directors.”
As of today, the Board of Directors of Focus Entertainment is
composed of 6 directors, 2 of whom are independent, thus complying
with the recommendations of the Middlenext Code on this matter.
Mr. Frank Sagnier commented “I would like to express my
gratitude to the President, to the entire Board of Directors and to
the management team for their support during my tenure.”
Focus Entertainment is fully committed and confident in
executing its line-up for the FY 2023/24. The upcoming months will
be quite intense with three major releases: first the release of
Atlas Fallen (studio Deck 13, fully owned IP,) scheduled on
August 10th, 2023, and during the second half of the fiscal year
with those of major titles like Banishers: Ghost of New
Eden, a new franchise in co-ownership with Don’t Nod, and
Warhammer 40.000: Space Marine 2, the sequel to the iconic
game, Gamesworkshop’s flagship license.
Financial Calendar
The FY2022/23 Annual Financial Report and Corporate Social and
Environmental Responsibility Report will be posted online July 21,
2023, on https://investor.focus-entmt.com/en/results
Upcoming publications are as follows:
Publication
Date
2023/24 – Ordinary General
Meeting
Thursday, September 12th, 2023
2023/24 – Q2 Sales
Thursday, October 19th, 2023
2023/24 – Half-Year Results
Thursday, December 14th, 2023
2023/24 – Q3 Sales
Thursday, January 18th, 2024
2023/24 – FY Sales
Thursday, April 18th, 2024
2023/24 – FY Results
Thursday, June 20th 2024
About Focus Entertainment
About Focus Entertainment FOCUS ENTERTAINMENT is one of Europe’s
leading video game publishers and developers. As a publisher of
strong brands such as The Surge, SnowRunner, A Plague Tale, Atomic
Heart, and Evil West, its vocation is to support leading French and
international studios in the development, production monitoring,
marketing, sales and financing of their projects. FOCUS
ENTERTAINMENT generates 95% of its sales internationally. The Group
generated revenues of €194.1 million in 2022/23. For additional
information, visit www.focusent.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230720729639/en/
Investors Relations Laure d’Hauteville Ph: + 33 (0) 1 55
26 85 00 E-mail: IR@focusent.com
Press Relations Clémence Bigeon Ph: + 33 (0) 1 55 26 85
00 E-mail: Clemence.BIGEON@focusent.com
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