GUILLEMOT (EPA:GUI) - GUILLEMOT CORPORATION: SECOND QUARTER 2021 TURNOVER: UP 23%

Transparency directive : regulatory news

29/07/2021 18:00

Carentoir, July 29, 2021

                     Second quarter 2021 turnover: up 23%

Unaudited data (EURm)
January 1 - June 30, 2021
                                   2021    2020     Change
Second quarter

Thrustmaster gaming accessories    32.9    26.4      +25%
Thrustmaster total                 32.9    26.4      +25%
Hercules digital devices            1.8     1.4      +29%
OEM (*)                             0.0     0.3     -100%
Hercules total                      1.8     1.7       +6%
Total                              34.7    28.1      +23%

First half
Thrustmaster gaming accessories    66.9    38.9      +72%
Thrustmaster total                 66.9    38.9      +72%
Hercules digital devices            3.4     2.3      +48%
OEM (*)                             0.2     0.3      -33%
Hercules total                      3.6     2.6      +38%
Total                              70.5    41.5      +70%

* Accessories developed for third party companies (Original Equipment
Manufacturers).

The Group's turnover grew 70% in the first half of 2021, to EUR70.5 million.
The Group posted second-quarter turnover of EUR34.7 million, up 23% over the
second quarter of 2020, when turnover had already doubled relative to the same
period in 2019.

This performance confirms strong momentum in sales of the Group's accessories
in the Thrustmaster racing and flying segments as well as the Hercules DJ
segment.

All geographical regions (European Union and United Kingdom, North America,
Other) posted growth in the second quarter and demand remains high.

Thrustmaster news

> Racing range:
- SF1000 racing wheel: Thrustmaster's latest racing wheel, the Thrustmaster
Formula Wheel Add-On Ferrari SF1000 Edition, has been acclaimed by the
international press, with Australian lifestyle site eftm.com awarding it a
score of 96% and describing it as "utterly outstanding" in a review published
on June 15. French website jeuxvideo.com gave it a score of 18 out of 20 in an
article published on April 21, 2021.

- T-GT II racing wheel: During the period, Thrustmaster began shipping the new
edition of its hit racing wheel officially licensed for use with the
PlayStation(r)5, T-GT II, ready for the upcoming Gran Turismo(tm) Sport 7 game
on PlayStation(r)5. The racing wheel is also PC-compatible.

> Flight range: Microsoft Flight Simulator X was launched for Xbox Series X|S
on July 27, further extending the game's consumer reach. With its T-Flight
Hotas One joystick, already available for the console, and the launch of the
T.Flight Full Kit X, which includes rudder pedals for even greater realism, the
Group is ideally placed to benefit from this new release.

These two officially-licensed products are the only ones on the market as of
the game's launch. The Group will be launching other accessories this winter to
leverage the game's growing popularity across the Xbox Series X|S and Windows
10 platforms.

> eSports: the first half of the fiscal year was once again a busy period for
Thrustmaster on the eSports scene. For the second year running, Thrustmaster
was official sponsor of the DiRT Rally 2.0 World Series finals. The brand was
also official hardware supplier for the third year running to the All-Russian
Forza Motorsport Championship, held in June.

Hercules news

Events for owners of Hercules DJ controllers: the SoundCloud Go+ streaming
service was added to version 5.2 of the DJUCED software on July 20. The
Intelligent Music Assistant now suggests tracks from the entire SoundCloud Go+
music catalog, helping DJs take their creativity to new levels.

DJUCED, which is celebrating its tenth birthday, now offers new functions
designed to help the DJ community reach new heights.

Since the first quarter of 2021, Hercules has been active on Twitch via DJs all
over the world. This positioning has enabled the brand to reach out to a new
audience (such as gamers who are also music fans) as well as breaking into the
live performance space.

Supply chain news

With global supply chains at saturation point, the Group is facing longer lead
times and higher costs for sea freight, especially to North America.

Steps have been taken to overcome most of the additional constraints:
- Production has been stepped up to build up a buffer of inventory.
- Selling prices have been raised on some products to offset the additional
  costs.
- New supply channels have been opened up to streamline supply.

Despite these mitigating actions, the current situation will limit sales
potential in the United States and result in billing dates being pushed back
from the third to the fourth quarter of 2021. However, this is not expected to
have any impact on the Group's forecasts.

Outlook

The Group is set to launch major new racing and flying accessories in the
second half of the year. The Group is maintaining its full-year forecast of
turnover in excess of EUR150 million, equating to growth of over 25% in 2021,
and net income from ordinary activities in excess of EUR20 million.

    Guillemot Corporation is a designer and manufacturer of interactive
entertainment hardware and accessories. The Group offers a diversified range of
products under the Hercules and Thrustmaster brand names. Active in this
market since 1984, the Guillemot Corporation Group is currently present in 10
countries (France, Germany, Spain, the UK, the United States, Canada, Italy,
Belgium, Romania and China [Shanghai, Shenzhen and Hong Kong]) and distributes
its products in more than 140 countries worldwide. The Group?s mission is to
offer high-performance, ergonomic products which maximize the enjoyment of
digital interactive entertainment for end users.
Contact: Guillemot Financial Information ? Telephone: +33 (0) 2 99 08 08 80
                            ? www.guillemot.com

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GUILLEMOT (EPA:GUI) - GUILLEMOT CORPORATION: SECOND QUARTER 2021 TURNOVER: UP 23%

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