(CercleFinance.com) – Focus Entertainment fell back on the Paris Stock Exchange this Friday following the publication of half-year results in line with the group’s expectations.
Revenue for the first half of 2022/2023, ending at the end of September, was down 17% at 65.5 million euros, but the gross margin reached 25.1 million euros, or 38% of revenue. revenue, up significantly compared to the first half of 2021/2022.
The video game group explains that it benefited from the successful launch of ‘Teenage Mutant Ninja Turtles: Shredder’s Revenge’ and to a lesser extent from the release of ‘Hardspace: Shipbreaker’.
The results also benefited from a favorable basis for comparison compared to last year, when certain games had mixed results.
Half-year EBITDA stood at 18.9 million euros in the first half, representing an operating margin of 29%.
Focus was also delighted with the very good reception given, by professionals and the public, to the titles ‘A Plague Tale: Requiem’ and ‘Evil West’.
The title lost 1.6% following this publication, underperforming a Parisian market down 1.2%.