Focus Entertainment : Strong Q2 2023-24 thanks to the back-catalogue
>Strong momentum of the back-catalogue offset the unsuccessful launch of Atlas Fallen - Focus Entertainment reported yesterday evening Q2 sales above our forecasts. After a flat Q1, sales rebounded by 70% y-o-y to € 46.4m in Q2 (vs +47%e to € 40.1m est.). At comparable scope excluding Dovetail (consolidated since April 2023), organic growth stood at 46% to € 39.8m. In detail, the Catalogue (27% of Q2 sales) remained lacklustre (€ 12.6m, flat y-o-y despite the suppor...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.
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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