FOCUS HOME INTERACTIVE (EPA:ALFOC) Focus Home Interactive : Q4 2017 revenue: €32.1m. 12-month turnover: €79.5m; +5%.

Transparency directive : regulatory news

30/01/2018 17:45

Press release
Paris, January 30, 2018

                              FOCUS HOME INTERACTIVE

                            Q4 2017 revenue: EUR32.1m

                        12-month turnover: EUR79.5m; +5%

FOCUS HOME INTERACTIVE (FR0012419307 ALFOC), video game publisher, has
announced a turnover of EUR32.1 million for the fourth quarter of 2017-18, down
18% year-on-year. As a reminder, in the last quarter of 2016, the Group had its
biggest launch in its history with the release of Farming Simulator 17.

These Q4 numbers exceeded Group projections and allowed FOCUS HOME INTERACTIVE
to post a 12-month turnover of EUR79.5 million, up 5% compared with the same
period in 2016. This new increase in activity can be attributed to the
excellent performance of Spintires: MudRunner, released at the end of
October.

As a reminder, the group has moved its fiscal year to end March 31, 2018 to be
more in line with the seasonality of the company's business. On April 26, 2018,
the Group will present the 5th and final quarter of its 2017-18 business
year.

                  Review of quarterly and 12-month total turnover

               Period
              (in EURm)       2017   2016  Change
             1st quarter      14.0   9.0    +55%
             2nd quarter      23.2  18.7    +24%
             3rd quarter      10.1   8.6    +18%
             4th quarter      32.1  39.3    -18%
             12-month total   79.5  75.6     +5%

Two successful and high-potential new licenses
In the 4th quarter, the launch of Spintires: MudRunner was a surprise hit on
the market. With over half a million games sold in only two months, the Saber
Interactive title has already emerged as one of the new flagship licenses of
FOCUS HOME INTERACTIVE. In addition to its strong reception on PC, notably via
the Steam platform, the game has seen notably strong sales on consoles, with a
particularly favourable reception in the US. This success is another example of
the Group's expertise in identifying high-potential licenses and promoting
original content globally and on all platforms.

Cédric Lagarrigue, Chairman of the FOCUS HOME INTERACTIVE Management Board,
said: "We are truly proud to have made MudRunner a force on the international
market in such a short period of time. With the studio, we have launched new
developments that will enable us to release a "MudRunner USA" extension in a
few months, integrating official vehicles made by prestige brands and an
American environment. The idea is to make MudRunner into a strong video game
franchise, as we did with Farming Simulator."

The end of 2017 was also marked by the launch of a paid extension of the game
The Surge titled: "A Walk in the Park". This extension was well received by
players and the press, boosting visibility for the Deck13 game. At end
December, the game had sold close to 500,000 copies, making it one of the major
successes of the year. The German studio Deck13 brought home several awards for
The Surge: Best German Game of the Year, Best Studio and Best Graphics. The
next phase of the collaboration between the studio and Focus will be unveiled
shortly.

Performance for the quarter was also sustained by the continued strong sales of
Farming Simulator 17, which benefited from the release of the Platinum version
of the game, available on all platforms since November 14, 2017. The release of
the game on Switch was well received by players, although the number of
installed consoles is still limited, despite the remarkable success of the
Nintendo console.

Over 12 months, the back catalogue accounted for 42% of sales. Turnover from
online platforms accounted for the majority of the Group's turnover, with
digital sales representing 60% of the total turnover. Sales generated
internationally accounted for 87% of turnover.

In the end, with two successful new licenses in 2017, FOCUS HOME INTERACTIVE
achieved its dual objective of ramping up its Gamer catalogue and promoting
original concepts. This dual achievement once again illustrates the pertinence
of its model and its positioning in service of value creation.

5th quarter 2017-18: sustained activity
From January 1st to March 31, 2018, growth vectors will remain unchanged, with
sales of Spintires: MudRunner remaining particularly robust.

Games in production, a number of which have not yet been unveiled, will be
presented to the global press on the occasion of "What's Next for Focus", the
annual event organised by the Parisian publisher, which will take place on
February 7 and 8, 2018 in Paris.

Milestone of EUR100m in turnover in 2018 (January to December)
As previously announced, 2018 should see the Group reaching a new milestone in
its growth with the release of major new games such as Call of Cthulhu
(Cyanide) and Vampyr (DontNod), which are listed in many rankings among the
most anticipated games of the year published by the largest global media
outlets in the field (IGN, Gamespot, Polygon, Kotaku, etc.),

Farming Simulator will also be back in its 19th version, with important new
features anticipated by the game's fans and a new game engine that will yield
visuals close to the best productions on the market. The Group's second
simulation game, Mudrunner, will take advantage of the release of its USA
extension to relaunch in September in stores and for download in a special
edition.

Other anticipated titles such as Insurgency Sandstorm (New World Interactive),
BattleFleet Gothic: Armada 2  (Tindalos Interactive) on PC, Space Hulk
Deathwing Enhanced Edition (Streum On) and Masters of Anima (Passtech Games) as
well as a number of surprises to be unveiled at "What's Next" will complete the
release schedule and bolster turnover for 2018, helping to make it an
exceptional year for the publisher FOCUS HOME INTERACTIVE.

About Focus Home Interactive
FOCUS HOME INTERACTIVE is France's third-largest publisher of video games. Its
mission is to support development studios in overseeing the production,
marketing, sales and financing of their projects. The publisher of successful
original titles such as Blood Bowl, Tour de France, Wargame and Farming
Simulator, the Group generated revenue of EUR75.6 million in 2016, an increase
of 9.3%. FOCUS HOME INTERACTIVE generates more than 85% of its sales
internationally.

                                  Upcoming events

                    Fifth-quarter revenue for fiscal year 2017
                                  April 26, 2018

                    Annual results for fiscal year 2017-2018
                                   July 5, 2018

All financial information pertaining to FOCUS HOME INTERACTIVE can be found on
                              www.focus-home.com

Financial communications contacts

FOCUS HOME INTERACTIVE
Deborah Bellangé
Tel: + 33 (0) 1 55 26 85 00
email: dirgen@focus-home.com

Investor Relations - Actifin
Benjamin Lehari
Tel. : + 33 (0) 1 56 88 11 25
email : blehari@actifin.fr

Press Relations - Actifin
Jennifer Jullia
Tel. : + 33 (0) 1 56 88 11 19
email : jjullia@actifin.fr

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15/05/2024 23:34

FOCUS HOME INTERACTIVE (EPA:ALFOC) Focus Home Interactive : Q4 2017 revenue: €32.1m. 12-month turnover: €79.5m; +5%.

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