Report
Aurelien Sivignon

Focus Entertainment : Focus on Q4 and the release of Banishers in mid-February

>A marked decline in Q3 but above our forecasts nonetheless - Yesterday evening, Focus published a decrease in Q3 revenue (-43% y-o-y) even though we were anticipating a more subdued quarter (-52%e). As expected, the catalogue was down sharply in Q3 (-84% y-o-y / in line), bearing in mind that no major new games were launched, unlike in Q3 the previous year (A Plague Tale, Evil West). Conversely, the back catalogue performed well (+45% y-o-y), in line with previous ...
Underlying
Focus Home Interactive SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Aurelien Sivignon

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