Focus Home Interactive SA : Sharp increase in H1 results – 9M sales up 19% – Another guidance raise for 2020/21
>Operating profit up 36% to € 18.2m, i.e. 18% of sales (+100bp) - Yesterday evening, Focus Home Interactive published a good set of interim results. For sales sharply up 30% to € 103.6m, EBITDA (communicated for the first time by the company) shows a more marked increase of 38% to € 35.5m, i.e. a margin of 34% (+200bp). The operating profit increased by 36% to € 18.2m, benefiting from top-line growth, the good performance of the back-catalogue and the digital segment...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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