PRESS RELEASE

NACON: SALES UP 43.3% TO €59.0 MILLION IN THE THIRD QUARTER OF 2023/24

                                                Press release

Lesquin, 22 January 2024, 6.00pm CET

SALES UP 43.3% TO €59.0 MILLION
IN THE THIRD QUARTER OF 2023/24

STRONG, PROFITABLE GROWTH EXPECTED FOR THE FULL YEAR

NACON (ISIN FR0013482791) today publishes its consolidated sales for the third quarter of its 2023/24 financial year (period from 1 October to 31 December 2023).

Sales (unaudited)	2023-24	2022-23	Change
€ Million
Third quarter (October-December)	59.0	41.1	+43.3%
Gaming	33.3	19.1	+74.3%
Accessories	23.9	20.4	+17.1%
Other(1)	1.8	1.6	+8.9%
Sales in the first nine months (April-December), non-IFRS	129.7	118.7	+9.3%
Gaming	77.6	66.1	+17.4%
Accessories	48.8	49.0	-0.3%
Other(1)	3.3	3.6	-7.8%
Adjustment for the partial disposal of Gollum	-3.0
Sales in the first nine months, IFRS	126.7	118.7	+6.8%

(1) Mobile and Audio sales

Strong growth in all business segments in the third quarter

GAMING: Performance in the Gaming business was excellent, with sales up 74.3%.

Catalogue sales (new games) amounted to €20.7 million, an increase of 102.2% driven by the success of Robocop: Rogue City ^TM, which achieved record sales and obtained a User Score of 92% on Steam, along with good sales of Cricket 24: Official Game of The Ashes^TM.

Back Catalogue sales (games released in previous years) also saw strong growth, boosted by an increase in console ownership and the signature of a significant contract, and rose by 42.1% to €12.6 million.

ACCESSORIES: Sales in this business amounted to €23.9 million, an increase of 17.1%. New products released in October – the RIG 600 PRO gaming headset and the REVOLUTION 5 PRO controller – are very widely stocked by specialist retailers and their sales have got off to a good start.