Focus Home delivered better than expected Q2 FY 22 thanks to new game release. Group reiterates its FY 22 sales guidance but notes profitability this year will be under pressure given underperformance of Hoods: Outlaws and legends and Warhammer Age of Sigmar. In the meantime, Focus announces a new bolt-on acquisition and renewed partnership with Saber which adds five new game in the pipeline. These actions are supportive for the mid to long term growth.
Q2 FY 22 up +12% at EUR 44m (well abov ....
22 Oct 2021
Supportive news offset short term pressure on margin
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Supportive news offset short term pressure on margin
- Published:
22 Oct 2021 -
Author:
Langlet Nicolas NL -
Pages:
7
Focus Home delivered better than expected Q2 FY 22 thanks to new game release. Group reiterates its FY 22 sales guidance but notes profitability this year will be under pressure given underperformance of Hoods: Outlaws and legends and Warhammer Age of Sigmar. In the meantime, Focus announces a new bolt-on acquisition and renewed partnership with Saber which adds five new game in the pipeline. These actions are supportive for the mid to long term growth.
Q2 FY 22 up +12% at EUR 44m (well abov ....