PARIS, October 26 /PRNewswire-FirstCall/ -- - 51% Growth in Sales Over the First Nine Months of 2007, Standing at EUR70.2 Million Gameloft achieved consolidated sales of EUR70.2 million for the first nine months of 2007, up 51%. On a comparable consolidation and exchange rate basis, growth over the same period would have reached 59%.
In EURM 2007 2006 Variation 1st quarter 22.7 14.8 54% 2nd quarter 23.2 15.8 47% 3rd quarter 24.4 16.1 51% Nine-month total 70.2 46.7 51%
Downloadable games sales, Gameloft's core business, reached EUR23.2 million during the quarter, increasing by 58% year on year.
Europe accounted for 44% of sales during the first nine months of 2007, North America 35% and the rest of the world 21%. Over this period, the strongest growth took place in the rest of the world, up 82%.
In line with seasonal trends of the previous fiscal years, the fourth quarter should be the strongest of the year in terms of sales for the company. Gameloft is well positioned for the key end of year period with the scheduled release of approximately twenty-five titles, between the end of September and December 2007, with the launch of such recognizable licenses and innovative concepts such as Heroes(R), CSI: Miami(R), American Popstar Road to Celebrity(TM), Million Dollar Poker feat. Gus Hansen, Brain Challenge vol.2(TM): Stress Management, Assassin's Creed(TM), Prince of Persia(R) Classics, Beowulf(R), etc.
The increase in sales during the third quarter and the positive outlook for the fourth quarter allow the company to reiterate its annual sales target of EUR95 million to EUR100 million and its operating margin (excluding employee stock based compensation) in excess of 10%.
At the end of 2007, Gameloft's catalogue will amount to nearly 200 games sold in over 80 countries, via 180 plus operators around the world and compatible with over 1,000 different handset models.
Gameloft, the leading independent publisher of mobile games, is ideally positioned to consolidate its leadership and is very confident about its outlook for growth and profitability in the upcoming years. For 2008, Gameloft confirms its guidance of over EUR130 million in sales, along with an operating margin (excluding employee stock based compensation) around 15%.
Annual sales for 2007 will be published January 28, 2008. Contact: Anne-Laure Descleves, Tel: 33(0)1-58-16-20-82,
CONTACT: Contact: Anne-Laure Descl ves, Tel: 33(0)1-58-16-20-82,
No comments:
Post a Comment