FOCUS HOME INTERACTIVE: Farming Simulator 19 sells more than 1m copies globally in 10 days | BUY | EUR27
FOCUS HOME INTERACTIVE - BUY | EUR27(+38%)Farming Simulator 19 sells more than 1m copies globally in 10 days
This is a significant acceleration compared to FS 17
FS 19 received a very satisfactory 70/100 rating on Metacritic
We still expect seven high-potential games this year
We maintain our Buy recommendation and FV of EUR27
Focus Home Interactive SA is France-based company principally engaged in the video games industry. The Company publishes interactive video games. The Company produces the catalogue, Focus, which publishes and distributes original titles, such as Blood Bowl, the strategy games Wargames, Sherlock Holmes, TrackMania, Runaway, Cities XL, Cycling Manager and Farming Simulator, among others. The Company has also games under development, such as The Technomancer, Act of Aggression, Vampyr, Call of Cthulhu, as well as several games based on Games Workshop Warhammer and Warhammer licenses: Blood Bowl 2, Space Hulk, Mordheim, and Battlefleet Gothic. The Company operates in France and overseas.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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