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BIGBEN INTERACTIVE : 2013/14 Q1 sales of 32.0 EURm
2013/14 Q1 sales of 32.0 EURm, up by 1.5 % year on year
Non audited data
Consolidated sales for the 1 quarter of FY 2013/14 closing on 31 March 2014 reached 32.0EURm, a like for like increase of 1.5 % when compared to the same period of the previous financial year.
During this quarter, sales related to Design & Publishing activities, the strategic business segments of the Group with the highest margins, went up by 7.7 % reaching 30.3 EURm. This achievement was supported by:
Distribution sales dropped by 50% due to an adverse comparison effect with the launch of the Test Drive Ferrari video game in the 1 quarter of the previous financial year.
Breakdown of turnover by businesses (like for like)
(*) Both Exclusive and Non-exclusive Distribution have been included in the "Distribution" caption, given the low level of activity in each of these business segments.
Breakdown of turnover by territories, including domestic sales and export sales
from these territories
The analysis of Group sales during 2013/2014 first quarter shows:
Outlook: confirmation of growth target
The acquisition of licensing rights for the worldwide publishing and distributing of WRC 4, one of the most famous rally racing simulation games, combined with the favourable trend supporting sales of smartphone Accessories, Audio products and Gaming convergence products, enable Bigben Interactive to confirm its 2013/14 targets of sales exceeding 175 EURm (growth of more than 7 %) and a current operating margin ranging over 8%.
About Bigben
Market leader for both video gaming accessories and mobile phone accessories, the BIGBEN INTERACTIVE Group has a recognized know-how for developing innovating products in order to meet the evolution of the multimedia world. Its ambition is to become a leader in converging multimedia accessories and a key player on the European multimedia market, relying on its size, its development capabilities and its commercial network.
283 employees - FY 2012/13 sales : 164 EURm - France, Benelux, Germany, Hong-Kong
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Source: %s via Thomson Reuters ONE