Gameloft: Second Quarter Sales of EUR33.6 Million, up 15%
By Gameloft, PRNETuesday, July 27, 2010
PARIS, July 28, 2010 - Gameloft achieved consolidated sales of EUR33.6 million during
the second quarter of 2010, up by 15% from the previous year. Europe and
North America both represented 34% of the company's sales during the quarter
while the rest of the world accounted for the remaining 32%.
During the first half of 2010, Gameloft consolidated sales
reached EUR66.6 million, up by 11% year on year. On a constant exchange rate
basis, half-year growth was 10%.
In EUR millions 2010 2009 Variation 1st quarter 33.0 30.8 +7% 2nd quarter 33.6 29.3 +15% 1st half-year 66.6 60.1 +11%
The company's growth accelerated during the second quarter of 2010. This
growth was driven by increased market share in traditional Java and Brew
phones as well as by the massive success enjoyed by Smartphones around the
world. In particular, Gameloft has positioned itself as a leading game
publisher on Apple's iPhone and iPad and has seen its sales on the AppStore
grow by 113% during the second quarter of 2010.
The recent and future releases of high-performance Smartphones
from Apple, Samsung, Nokia and Google should continue sustaining Gameloft's
growth in the upcoming quarters. Additionally, the release of new devices
perfectly suited for video games such as Apple's iPad should allow Gameloft
to continue its diversification on other platforms and provides the company
with interesting relays for growth.
Gameloft is therefore expecting continued growth in 2010 in
terms of revenue and profitability. In the longer term, Gameloft appears in
an ideal position to benefit from the rapid emergence of the digital
distribution of video games on mobile phones, tablets and consoles, as well
as from major technological innovations brought to the market.
The group's consolidated half-year results will be published
on 31 August 2010 after the market closes.
About Gameloft
Gameloft is the worldwide leader in developing and publishing
downloadable video games. Gameloft is now positioned, after 10 years, as one
of the most innovative companies in its field. The company designs games for
mobile phones, smartphones, iPhone, iPod touch and iPad for which the number
of units should exceed four billion in 2012. As a pioneer in the new
downloadable game console market, Gameloft publishes games for WiiWare,
DSiWare, Microsoft Xbox LIVE Arcade and PlayStation Network. Partnership
agreements with major licensors allow Gameloft to associate the strongest
international brands with such games as Uno, Ferrari, Shrek, CSI, Iron Man,
Spiderman and Sonic. The company also has its own brand portfolio with
established franchises such as Real Football, Asphalt and Cerebral Challenge.
Gameloft has locations on all continents, distributes its games in 100
countries and has its own production studios with over 3,500 developers.
Gameloft is listed on the Paris Stock Exchange (ISIN: FR0000079600,
Bloomberg: GFT FP, Reuters: GLFT.PA).
Contact: Anne-Laure Descleves Investor Relations Tel +331-5816-2082 Email: anne-laure.descleves@gameloft.com For more information, consult www.gameloft.com
Contact: Anne-Laure Descleves, Investor Relations, Tel +331-5816-2082, Email: anne-laure.descleves at gameloft.com
Tags: France, Gameloft, July 28, Paris