Bigben Interactive : Both business units down in Q1, Q2 set to be more buoyant thanks to Gaming
>Q1 revenues down 9% YoY - Bigben reported yesterday evening Q1 revenues down 9% YoY to € 57.9m vs our estimate at € 61m (down 4%e). Bigben Audio / Telco business fell by 9% in Q1, mainly impacted by a sharp contraction in the Audio-Video segment (-23% YoY), while the Mobile Accessories segment held up better (-4% YoY). In the Gaming/Nacon division (see specific flash): despite the good momentum benefiting the back-catalogue (up 18% to € 14m), thanks contribution f...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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