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Nacon : Q1 sales in line. More challenges in Q2
>Q1 revenue down 9% with, as expected, very low contribution from the Catalogue - Yesterday evening, Nacon published Q1 revenue down 9% to € 32.3m, close to our expectations (€ 34.5m). Despite the good momentum of the back-catalogue (+18% to € 14m), notably thanks to the contribution of Robocop launched in N-1, the stakes in the Gaming division were limited this quarter given the expected weakness of the Catalogue (-69% to € 3.8m). As expected, there were only two new...
Underlying
Nacon SASU
Toy manufacturer
Provider
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.
Aurelien Sivignon
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