PulluP: sales more than doubled in Q3

(CercleFinance.com) - Yesterday evening, video game group PulluP Entertainment reported a more than doubling of sales for its last quarter, and unveiled an encouraging outlook.


The company generated sales of 100.8 million euros in the third quarter of its 2024/2025 financial year, compared with 43.3 million euros for the same period last year.

This is the second-best performance in the company's history, following the record set in the previous quarter.

Sales for the first nine months of the year totalled 335.1 million euros, again more than double the 128.3 million announced a year earlier.

These solid figures enable the company to reaffirm its annual targets, starting with an expected Ebita of between 55 and 60 million euros, i.e. around double its previous best performance achieved in the 2022/23 financial year.

The former Focus Entertainment company also confirms that it anticipates a sharp reduction in net debt for the current financial year.

"The future remains very positive, with a significantly deleveraged group, a huge back-catalog to come, several attractive projects and a sector that looks set to regain momentum", commented TP ICAP Midcap analysts this morning.

Following this publication, Euroland is maintaining its Buy recommendation with a price target of 35.5 euros, which highlights a potential upside of 71.5%.

On the Paris Bourse, the share, which had gained over 8% at the start of the session, turned downwards on Friday morning after having reached its highest level since November 2023.

The share is currently down 1.5%.

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