Focus Home Interactive SA : H1 results affected by 2 disappointing games – Q3 down slightly – Full-year guidance reiterated
>Operating income down sharply by 60% to € 7.3m, or 9% of revenues (-9 points) - Yesterday evening, Focus Home Interactive reported its interim earnings (half year to end-September). On revenue (already published) down 18% to € 85.1m, the gross margin came to € 21.9m, i.e. 26% of revenue, down 5 points due to: i/ an unfavourable base effect in sales (+30% in H1 2020-21) and ii/ the writedown of 2 disappointing games launched in Q1 (Hood: Outlaws & Legends and W...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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