PulluP: share price soars after record quarter

(CercleFinance.com) - Video game group PulluP Entertainment is soaring on the Paris stock exchange on Thursday, after reporting last night 'record' sales for the second quarter of its 2024/25 fiscal year.


The company reports a more than fourfold increase in revenues for the July-September period, to 200.1 million euros from 46.4 million a year earlier.

This figure was boosted by the 'historic' success of the launch of the adventure game 'Warhammer 40,000: Space Marine 2', which already boasts more than 4.5 million unique players to date, explains the company in a press release.

Thanks to the excellent sales of 'Space Marine', the group now anticipates very strong growth in annual sales for fiscal 2024/25, accompanied by a very significant rebound in earnings.

PulluP also expects to exceed, over the current and next two financial years, its record performance set in fiscal 2022/23, both in terms of sales and Ebita.

The only fly in the ointment is the postponement to fiscal 2025/26 of two highly-anticipated games, 'John Carpenter's Toxic Commando' and 'MIO: Memories in Orbit', in order to 'fully realize the potential of these games and offer gamers an experience of the highest quality'.

The stock nevertheless climbed over 17% in the wake of these announcements, bringing its gains since the start of the year to over 48%.

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