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Infogrames Reports First Half Revenues Up

Infogrames posted revenues of over half a billion euros for the first half of its financial year; a rise of 20 percent over last year.
The news caused another rise in the company's share price, which has now gained almost 30 percent since the year's start. US sales accounted for over 60 percent of the company's revenue, and grew 27 percent over last year. But it was in Europe that the largest revenue growth was seen, increasing by 35 percent to almost 200 million euros. A critical factor in the company's growth, has been Infogrames' success with consoles games. Console software accounted for over 50 percent of sales during the six month reporting period, whereas a year ago it stood at just 15 percent. Sales of PC games remained high, accounting for 39 percent of revenues, and with the major PC title Unreal II due next month, the PC segment will likely continue to perform well.

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