Overview
France video game publisher's FY 2025-2026 sales nearly flat, missing analyst expectations
Company to record significant asset impairments at Nacon, heavily impacting annual results
Nacon unit undergoing judicial reorganisation, with workforce reductions and two subsidiaries in liquidation
Outlook
Nacon expects fiscal 2026-2027 Games segment sales to benefit from several major releases
Company expects Accessories business to return to growth in 2026-2027, driven by new products
Bigben plans to expand Mobile Accessories distribution and launch new laptop-dedicated lines
Result Drivers
NEW GAME RELEASES - Strong Q4 sales growth in Nacon's catalogue activity driven by releases including Styx: Blades of Greed and Dragonkin: The Banished
BACK CATALOGUE DECLINE - Back Catalogue sales fell 25.3% in Q4, attributed to a high comparison base in the prior year
MOBILE ACCESSORIES OUTPERFORMANCE - Mobile accessories sales grew 6.5% in Q4 despite a 6% market volume decline, driven by expanded distribution and Force brand success
Company press release: ID:nGNE7sPlsD
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Miss
EUR 284.50 mln
EUR 289.27 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the toys & children's products peer group is "buy"
Wall Street's median 12-month price target for Bigben Interactive SA is €1.90, about 385.9% above its May 18 closing price of €0.39
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 2 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)