Focus Ent. Q3 FY 23 performance was stronger than expected thanks to new games and back catalog. This secures consensus EBIT estimates for the FY 23. Line-up for next year is strong and should support further topline growth and margin improvement. Valuation range increased to EUR40/70 (vs EUR35/65).
Q3 FY 23 slightly ahead of management expectations, well above our estimates
Q3 sales increased c.+105% YoY at EUR76m (c.+30% vs our estimates) supported by solid performance of new games (Plague Ta ....
