(AOF) – Over the 2021-22 financial year, ending at the end of March, Bigben saw its net profit fall by 45.6% to 10.3 million euros. Current operating income fell by 42% to 21 million euros, at the top of the announced target range of between 19 and 21 million euros. It shows a margin of 7.6% against 12.4% a year earlier.
The turnover of the group present in the publishing of video games, mobile and gaming accessories and audio products reached 275.7 million euros, down 5.8%.
Nacon Gaming recorded revenue of 155.9 million euros over the financial year, down 12.3%. Its current operating profit fell by 41.6% to 12.9 million euros.
Regarding the outlook, Nacon “will benefit in 2022-23 from the significant investments made in recent years”. Due to the strong editorial activity expected for the entire financial year, sales will be up sharply with a marked increase in the first quarter. Nacon has decided to postpone Test Drive Unlimited Solar Crown to the next fiscal year to improve the quality while aiming for a release only on PC, PlayStation5 and Xbox Series X|S. This shift does not call into question the annual objectives and should ensure continued growth over the 2023-24 financial year.
Nacon’s Accessories activity is currently penalized by the shortage of components worldwide, but will see the release of several new products in the 3rd quarter of 2022-23.
In this context, the Bigben Group now aims to achieve a turnover of 400 million euros for the 2022-23 financial year. with a current operating profit of more than 55 million euros. Bigben was previously aiming for a turnover of between 400 and 450 million euros and a current operating profit rate of more than 14%.
For its part, Nacon expects to achieve over the 2022-23 financial year a turnover of more than 250 million euros with a current operating margin of more than 50 million euros.