Bigben Interactive : Q2 2021-22 sales fall short of estimates but do not cast doubt on the group’s strong outlook - targets reiterated
>Q2 sales down 16.5% to € 67.3m (vs -5.4% est. at € 76.2m est.) - Bigben Interactive reported its Q2 2021-22 sales (July-September) which saw a decline of 16.5% to € 67.3m) vs our estimate of -5.4% est. at € 76.2m est. Over H1, revenues were down 8.7% at € 124m (vs -2.1% est. at € 133m est.). Unfavourable base effects and logistic delays in the gaming division - a positive trend in H2 in prospect - Contrary to what we expected, the gaming division (...Bigben Interactive is engaged in designing and distributing accessories for video game consoles for the European markets (France, Germany, Belgium, Luxemburg, the Netherlands). Co.'s activities can be divided into four categories: design and distribution of accessories for video game consoles (controllers, steering wheels, memory cards, pistols); exclusive distribution of video game software; non exclusive distribution of video game consoles and software; publication and distribution of promotional products (USB keys, watches, electronic gifts, audio gifts).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.