CD Projekt to be the most promising company of 2020 – Bloomberg
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Bloomberg Intelligence analysts who evaluate companies in such sectors like energy, technology, commerce, and finance have selected 50 companies that are preparing a product or service which could be a hit next year. The increase in revenues, margins, market share, and other economic factors were taken into account. The Polish game producer CD Projekt took first place in the ranking both in terms of the forecast sales growth and increase in earnings per share (EPS). It crushed the competition leaving far behind the giants of Silicon Valley.
Analysts have estimated that in 2020 CD Projekt’s sales will increase by 446.12% and EPS growth will amount to 1183.13%. Next year’s sales value could beat expectations in connection with the anticipated release of Cyberpunk 2077. Matthew Kanterman from Bloomberg said that in the year of the release the game could sell 20 million copies.
Cyberpunk 2077 will have its premiere on April 16, 2020, but pre-sales already started this summer. CD Projekt has not revealed the number of orders so far, but the company says it is very pleased with the results, which are better than the pre-sales of The Witcher 3 in 2015. The latter game is considered by some to be one of the best games of the 21st century.
