CD Projekt has published its Q1 16 results. Total revenues reached PLN87m compared to PLN25.6m last year. EBIT amounted to PLN38.6m (PLN-2.7m), translating into an operating margin of 44.3%. Net income reached PLN32.6m (37.4% margin) vs. PLN-5.2m in Q1 15. Due to strong profitability, operating cash flow reached PLN40.3m (Q1 15: PLN-2.3m), while inventories went up qoq (PLN48.2m vs. PLN34.2m at the end of 2015) due to development work on the “The Witcher III: Wild Hunt” add-on &ld

13 May 2016
Q1 16 results impacted by still strong sales of "The Witcher III"

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Q1 16 results impacted by still strong sales of "The Witcher III"
CD Projekt S.A. (7CD:FRA) | 0 0 0.0% | Mkt Cap: 610.7m
- Published:
13 May 2016 -
Author:
Adrian Kowollik -
Pages:
3 -
CD Projekt has published its Q1 16 results. Total revenues reached PLN87m compared to PLN25.6m last year. EBIT amounted to PLN38.6m (PLN-2.7m), translating into an operating margin of 44.3%. Net income reached PLN32.6m (37.4% margin) vs. PLN-5.2m in Q1 15. Due to strong profitability, operating cash flow reached PLN40.3m (Q1 15: PLN-2.3m), while inventories went up qoq (PLN48.2m vs. PLN34.2m at the end of 2015) due to development work on the “The Witcher III: Wild Hunt” add-on &ld