The significant success enjoyed by recently launched games such as Modern Combat 3: Fallen Nation, Gangstar Rio: City of Saints, Six-Guns and Dungeon Hunter 3 has resulted in solid sequential growth in the fourth quarter of 2011.
In EUR millions FY2011 FY2010 Variation
1st Quarter 39.5 33.0 +20%
2nd Quarter 37.4 33.6 +11%
3rd Quarter 40.6 34.7 +17%
4th Quarter 47.0 39.7 +18%
12-Month Total 164.4 141.0 +17%
In 2011, Gameloft consolidated sales reached €164.4 million, up by 17% year on year. Europe represented 30% of the company’s sales, North America 29% and the rest of the world 41%. On a constant exchange rate basis, full-year growth was 19% compared with 13% in 2010.
This growth continues to be driven by sales in emerging countries and by the massive success of Gameloft games on smartphones and tablets around the world. Gameloft’s fourth-quarter sales on smartphones and tablets grew by 64% year on year and represented 41% of total sales. The dynamism of the smartphone and tablet market, driven by the success of Apple and Android, should continue sustaining Gameloft’s growth in the upcoming quarters. Therefore, Gameloft is expecting solid top-line growth in 2012.
In the long term, the company appears to be in an ideal position to benefit from the rapid growth of the digital distribution of video games on mobile phones, tablets, next-generation set-top boxes and smart TVs. Gameloft’s 2011 annual results will be published on March 21, 2012, after the market closes. [February 3, 2012]
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