In Q1 23, CD Projekt’s results were above the PAP consensus, which did not account for the partial reversal of the write-down related to project “Sirius” of PLN21.5m. However, the company’s sales, EBITDA and EBIT were 9.9%-19.1% below last year and 41.4%-49.9% lower q-o-q.
02 Jun 2023
Weak Q1. And the Q2 will likely be even worse.
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Weak Q1. And the Q2 will likely be even worse.
In Q1 23, CD Projekt’s results were above the PAP consensus, which did not account for the partial reversal of the write-down related to project “Sirius” of PLN21.5m. However, the company’s sales, EBITDA and EBIT were 9.9%-19.1% below last year and 41.4%-49.9% lower q-o-q.