Game developer PCF Group soars on resumption of 'Victoria' project

PCF SA

19/03/2025 09:01

** Shares in Polish video game producer PCF Group PCF1.WA soar 33% to their highest price since March 2024, after it decided to resume works on "Victoria" project with intention to publish the game in early access (EA) in 2025

** The game will be published in self-publishing model and the works on the project have been entrusted to development team of more than 10 people, located primarily in Canada

** "The biggest surprise for us is the planned date for the game's scheduled EA debut in 2025. This means that the first marketing activities should start soon," Erste Group analyst Krzysztof Tkocz says

** Last week's deal with Sony and previously announced contracts provide PCF with a comfortable liquidity situation, allowing it to continue work on "Victoria" in a very limited scope, Trigon DM analyst Grzegorz Balcerski says

** "However, we are quite sceptical about the potential of this game," Balcerski adds, pointing to high competition on the market, demanding player profile, small development team, the limited content of the game and its accelerated release schedule

** The stock has gained 193% YTD as of 0854 GMT

 (Reporting by Adrianna Ebert)

 ((Adrianna.Ebert@thomsonreuters.com))