Bigben: unsurprising first half, targets confirmed

(CercleFinance.com) - Last night, Bigben Interactive announced half-year results in line with expectations and confirmed its annual targets, a publication without much appeal that was nonetheless welcomed by the stock market.


The French video game group - whose activities range from game publishing to the design and distribution of mobile and gaming accessories - achieved sales of 135.9 million euros for its 1st half-year 2024-2025, ending September, up 6.1%.

Gross margin came in at 51.2%, up 11.7% on the previous year thanks to optimized purchasing and an improved product mix.

In its press release, Bigben confirmed that it expects growth in sales and net income for the full year.

Following this publication, analysts seemed to focus on the promises linked to its Nacon video game publishing subsidiary.

The outlook for Nacon remains good for the second half of the year", commented the teams at TP ICAP Midcap, who gave the company a buy recommendation and a price target of 3.2 euros.

"Nacon's second half promises to be particularly dynamic", added Euroland, citing in particular the forthcoming release of the console version of Ravenswatch, which has been well received by the specialist press.

Following this publication, the brokerage firm reiterated its Buy recommendation, while lowering its target price to 2.87 euros from 4.50 euros previously.

This did not prevent Bigben Interactive shares from gaining over 2% on Tuesday on the Paris Bourse in the wake of these figures, after having gained nearly 4% at the start of the session.

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