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BIGBEN INTERACTIVE : 2013/14 first half sales of 68.2 EURm, up by 3.2 % year on year

Press Release                                         21 October 2013, 18:00 2013/14 first half sales of 68.2 EURm, up by 3.2 % year on year * preparation of a range of strategic products for the year-end sales +------------------+---------+---------+----------+ | IFRS - EURm Sales* | 2013/14 | 2012/13 | Change | +------------------+---------+---------+----------+ | 1(st) Quarter | 32.0 | 31.5 | + 1...
New York, (informazione.news - comunicati stampa - varie)

Press Release                                         21 October 2013, 18:00


    

           

2013/14 first half sales of 68.2 EURm, up by 3.2 % year on year

 

Consolidated sales for the 2nd quarter of FY 2013/14 (from 01 July 2013 to 30 September 2013) reached 36.3 EURm, a like for like increase of 4.8 % when compared to the same period of the previous financial year. This achievement was supported by:  

 

Prior to a strategic 3 quarter covering strongly expected Christmas sales with both new Bigben Interactive products and the launch of new video game console formats, sales in Gaming accessories are down to 6.7 EURm against 8.5 EURm in the second quarter of FY 2012/2013, reflecting the receding market since the beginning of the current calendar year.

 

Group consolidated sales for the first six months of the 2013/2014 financial half year amounted to 68.2 EURm, up by 3.2 % like for like. 

Breakdown of turnover by businesses (like for like)

  (*) individual figures conform to rounding rules

 

Breakdown of turnover by territories, including domestic sales and export sales

 from these territories

(*) individual figures conform to rounding rules

The analysis of Group sales during 2013/2014 first half shows:

·         steady sales in Germany, in spite of high sales in the same period of previous financial year due to the distribution of the Test Drive Ferrari video game software;

·         a drop in sales in Benelux due to the lack of significant releases in video game exclusive distribution;

·         a minimal growth of sales in France following the same trend as Group consolidated sales ;

·         a significant growth of sales from Hong Kong due to the deliveries to Asia of the Cyberbike for Samsung Smart TV, this zone being the first chosen for the launch of this convergence accessory.

 

Outlook: a strong product range for a strategic 3 quarter

Banking on the launch of several key products for Multimedia Accessories (Jean-Paul Gaultier license, Ora ïto Mobility range) and of two Gaming star products (the WRC 4 rally software published by the Group and the Gametab-One, a tablet dedicated to video gaming), Bigben Interactive approaches the Christmas sales period with confidence. This strategic period will benefit from an effervescent market boosted by the release of the new console formats i.e. 2DS(TM) by Nintendo, PlayStation®4 by Sony and XboxOne(TM) by Microsoft.

In view of the above, the Bigben Interactive Group:

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