(Boursier.com) — In the first half of its 2023-2024 financial year, Nacon achieved a turnover of 70.8 million euros (77.5 million a year earlier). It fell by -8.7%.
Catalog turnover (new games) stood at 7.5 ME (10.5 ME last year). The Back catalog (games released during previous years) returned to growth with turnover up 5.2% to €9.3 million.
Outlook
Nacon’s editorial news in the 3rd quarter will be dense, marked by the release of several games. The back catalog should continue to grow despite a high base effect. The Accessories activity will progress, driven by the fleet of new consoles and the release in October of several high-potential products.
Given the expected rebound in activity in the 2nd half of the year, Nacon confirms its outlook for strong growth in turnover and operating profit for the 2023-2024 financial year.
©2023 Boursier.com