Locked content CD Projekt Q4 profit beats consensus

WSE-listed game producer CD Projekt had PLN 45.9 million consolidated net profit in Q4, which is 42.1 percent less y/y, but above the PLN 39.7 million market consensus. Operating profit amounted to PLN 54.7 million (42.8 percent y/y drop), while revenues stood at PLN 123.6 million (down by 24.7 perc...

Locked content CD Projekt to buy Strange New Things studio

WSE-listed game developer CD Projekt signed a preliminary deal to buy development studio Strange New Things in Wrocław. The team, consisting of 18 game developers will help the company develop its next blockbuster game Cyberpunk 2077, the company said. “We’re pretty hyped to be on the spearhead of t...

Locked content CD Projekt Q3 profit drops

WSE-listed game producer CD Projekt had PLN 35.73 million consolidated net profit in Q3, which is 2.4 percent less y/y. Operating profit amounted to PLN 43.17 million (3.7 percent y/y drop), while revenues stood at PLN 84.89 million (down by 15.9 percent y/y). V The company is currently working on i...

Locked content CD Projekt Q2 profit drops

WSE-listed game producer CD Projekt had PLN 73.4 million consolidated net profit in Q2, which is 28.1 percent less y/y. Operating profit amounted to PLN 89.4 million (28.1 percent y/y drop), while revenues stood at PLN 155.5 million (down by 33 percent y/y). “In the first half of 2017, the group spe...

Locked content CD Projekt delays Chinese Gwent beta

WSE-listed game developer CD Projekt announced that it has decided to push back the beta testing of its Gwent card game based in the WItcher universe to August 29, instead of the planned August 8 launch date. “Unfortunately, it looks like we need some more time for additional tests to deliver the qu...

Locked content CD Projekt Q1 net profits on the rise

WSE-listed game producer CD Projekt had PLN 45.26 million consolidated net profit in Q1, representing a 39 percent increase y/y. Operating profit amounted to PLN 53.84 million (39.5 percent y/y growth), while revenues stood at PLN 99.3 million (14.2 percent y/y growth). The Group’s investment in the...

Locked content CD Projekt sold 25 million copies of Witcher games

WSE-listed game developer CD Projekt sold 25 million copies of its blockbuster Witcher video game series, solidifying it as the most successful Polish game franchise. Next in line is Techland’s Dead Island series (7.5 million copies sold) and CI Games with Lords of the Fallen which sold 7 mill...

Locked content CD Projekt to announce new games

One of Poland’s most successful computer-game developers has announced that it plans to increase its investment in new game development, according to a report in the Polish press on Wednesday. The report also revealed that the company has spent PLN 41 million thus far in 2016 on developing new games...