Bigben Interactive : 2021-22 results mainly affected by Nacon –2022-23 guidance adjusted to the lower end of the range, but the recovery is still significant
>Underlying op. profit down 42% at € 21m, or 7.6% of sales (vs 7.3%e) - For 2021-22 (to end-March), Bigben Interactive yesterday evening posted results in line with our expectations. On already-reported sales of € 275.7m, down -5.8% (adverse base effect, deferrals of several games, shortage of consoles and smartphones, etc.), the gross margin narrowed by 20pt to 39.6%, reflecting controlled cost inflation (transport, raw materials) and a less favourable product mix in...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.
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