Brief: Nacon Says Will Not Reach 2022-23 Sales, Operating Income Targets

Nacon SAS

24/10/2022 16:52

Oct 24 (Reuters) - NACON SAS  NACON.PA :
    * PRESS RELEASE: NACON: 1ST HALF 2022/23 SALES: 77.5 M€
(+6.2%)
    * ANTICIPATES A STRONG GROWTH DRIVEN BOTH BY SALES OF GAMES
TO BE
RELEASED AT END OF FY 2022-23
    * REAFFIRMS ITS FIRM CONFIDENCE IN ITS MEDIUM-TERM PROSPECTS
    * WILL NOT BE ABLE TO ACHIEVE ITS 2022/2023 TARGETS OF SALES
IN
EXCESS OF 250 MEUR AND CURRENT OPERATING INCOME IN EXCESS OF 50
MEUR
    * SALES FOR YEAR AND CURRENT OPERATING INCOME WILL BE UP ON
PREVIOUS YEAR DUE TO COMBINED EFFECT OF INCREASE IN CATALOGUE
SALES AND THRIVING BACK CATALOGUE
    * HIGHLY ANTICIPATED RELEASE OF LORD OF RINGS GOLLUMTM, AN
ICONIC
CHARACTER FROM WORLD OF J.R.R. TOLKIEN'S NOVEL LORD OF RINGS, IS
NOW SCHEDULED FOR 2023

Source text for Eikon:  ID:nGNE3kQn1R 
Further company coverage:  NACON.PA 
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