(Boursier.com) — Group turnover Guillemot in the 1st quarter of 2024 increased by +28% and stood at 27.8 million euros.
Thrustmaster sales are regaining better momentum, particularly thanks to its range of Racing steering wheels, with growth of 28% in a market down over the period. Hercules’ billings are also up to 24% with good performance in sales to consumers.
As of March 31, net debt is negative at -18.4 ME (excluding Investment Securities). The value of the portfolio of Transferable Investment Securities in Ubisoft Entertainment securities is 8.7 ME.
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Outlook
The Guillemot Group will build on the ramp-up of recently launched accessories and is preparing the release of major new products from Thrustmaster in the second half of 2024.
The Group expects a return to growth for the 2024 financial year and a positive operating result.
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