Brief: Focus Entertainment Acquires Dovetail Games Group

Pullup Entertainment SA

20/04/2023 17:16

April 20 (Reuters) - Focus Entertainment SA  ALFOC.PA :
    * FOCUS ENTERTAINMENT ACQUIRES THE ACCLAIMED UK-BASED
DOVETAIL
GAMES GROUP FOR THEIR BEST-IN-CLASS EXPERTISE IN IP DEVELOPMENT
IN SIMULATION
    * Q4 2022/23 REVENUES OF EUR 52.6M
    * ANNOUNCES ACQUISITION OF 100% OF RAILSIMULATOR.COM
    * CONTINUED STRATEGIC EXECUTION WITH ACQUISITION OF UK BASED
DOVETAIL GAMES GROUP AND AMBITIOUS INVESTMENTS IN GAMES TO FUEL
FUTURE ORGANIC GROWTH
    * FY 2022/23 REVENUES +36.2% VS 2021/22 AT EUR 194.1M, AT
HIGHER
END OF GROUP'S PUBLISHED RANGE, AND AN ALL-TIME HIGH
    * IS FULLY COMMITTED AND CONFIDENT IN EXECUTING ITS LINE-UP
FOR FY
2023/24

Source text for Eikon:  ID:nBw45LPzpa 
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