Nacon anticipates strong growth in turnover and operating profit in 2023-2024







Photo credit © Nacon

(Boursier.com) — In the 3rd quarter, Nacon records strong growth in turnover in all business segments. It amounts to 59 million euros over the period (41.1 ME on the same date in 2022-2023). It is growing by 43.3%.

Over the 9 months (IFRS), the turnover stands at 126.7 ME (118.7 ME for the 2022-2023 financial year), an increase of +6.8%.

Outlook

The second part of the 2023-2024 financial year is marked by rich editorial activity with the release of more than ten games over the period.

So after the launch of War Hospital on January 11, and the excellent start of the New Cycle game released on January 18 and published by the Daedalic studio, the 4th quarter should see the release in particular of: Test Drive Unlimited: Solar Crown; TaxiLife; GardenLife; Welcome to Paradize, Crown Wars the Black Prince…

The Back Catalogue, despite a high base effect, will maintain good momentum. Finally, the Accessories business will benefit from the success of recently launched products.

Considering these elements, activity in the 2nd half will be sustainedallowing Nacon to confirm its prospects for strong growth in turnover and operating profit for the entire 2023-2024 financial year.


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