HF Company has initiated a process to sell its Home digital Life division, consisting of METRONIC (France) and its Italian and Spanish subsidiaries. METRONIC is a subsidiary of the HF COMPANY Group, whose shares are traded on Euronext regulated market in Paris (currently being transferred to Euronext Growth). METRONIC, a strong position in connected audio-video This new strategic operation would allow Bigben to reinforce its Audio Telco Business with the ambition of exploiting new markets and territories. METRONIC, the European leader in image processing and specialised in the connected world of audio- video, w ould join Bigben's Audio Telco Business. ( Home Digital Life d ivision of HF Company)īigben announces th at it has entered into exclusive negotiations with the HF Company Group to acquire its METRONIC subsidiary. Press release after close of the Euronext Paris stock exchange SALES 2021-22ģ1 subsidiaries and a distribution networkīigben Interactive is a European player in video game development and publishing, in design and distribution of smartphone and gaming accessories as well as in audio products.Bigben enters into exclusive negotiations with HF Company to acquire Metronic The Annual General Meeting held on 22 July 2022 approved the payment of a 0.30 € cash dividend per share for FY 2021-22 and the distribution in kind in the form of Nacon shares at the rate of one (1) Nacon share for every four (4) Bigben Interactive shares held, subject to confirmation of the distribution parity by the Board of Directors of Bigben Interactive to be held on 29 July 2022 in view of the opening stock market price of the Nacon share. The listings obtained in new channels by the AudioVideo business and the delivery of range additions in the autumn augur well for the end of the year.įor the full 2022-23 financial year, the Bigben Group confirms its targets of 400 M€ sales and a current operating income exceeding 55 M€. The Mobile Accessories business will be driven by good growth momentum with the upcoming launch of new smartphones by manufacturers and the further deployment of the 5G network. The Lord of the Rings Gollum is now scheduled for the second half of FY 2022-23. In Q2 2022-23, Nacon will again see a strong activity with the release of several new games including Steelrising TM, Session Skate Sim TM and Train Life TM. Excluding Metronic, the AudioVideo unit was down by 19% nevertheless the Audio activity successfully pursued the listing of its products in many new distribution channels. The inclusion of Metronic in the Group's scope explains this increase. Thanks to the relevance of its product positioning, Bigben is taking full advantage of the elimination of original chargers and handsfree pedestrian kits in most new smartphones delivered by manufacturers.ĪudioVideo recorded quarterly sales of 6.0 M€ compared with 4.3M€ in Q1 2021-22. The Force® range, with its promise of unique quality posted sales up 42% during the period and strongly contributed to this growth. Mobile Accessories sales grew by 16.3% over the period to 21.6 M€. Over the period, this activity continued to be penalised by a high base effect, a shortage of consoles and a readjustment of stock levels throughout distribution.Īgainst this backdrop, Nacon nevertheless gained market shares in the US in the gaming headset segment with its premium RIG 800 p ro and 300 p ro ranges released in the past few months. It benefited from the inclusion of Daedalic Entertainment in the Group's scope of consolidation and the signing of numerous deals on new platforms.Īccessories: Sales came to 14.0 M€ down 31.8%. The Back Catalogue (games released in previous financial years) also rose sharply to 12.7 M€, a 38.7% increase. Catalogue activity (new games) has jumped to 14.9 M€ from 3.1 M€ in previous year. Several games were released during the period under review, including the much-anticipated Vampire: The Masquerade® - Swansong title, which performed well, as well as Pro Cycling Manager 2022 and Tour De France 2022, both of which recorded higher sales than last year's editions. Video games: Games sales reached 27.6 M€, up 126.2%. The Group confirms its target of 400 M€ sales for the year with a current operating income exceeding 55 M€.Bigben Audio/Telco's sales also rose by 20.2% to 27.7 M€, driven by a good performance in the Mobile Accessories business.As announced, thanks to the strong momentum of its video game business, Nacon achieved good Q1 2022-2023 sales, up 25.8% to 42.4 M€.BIGBEN INTERACTIVE (ISIN FR0000074072) today announced its Q1 2022-2023 sales (period from 1 April to 30 June).
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