EIDOS PLC ANNOUNCES
Copyright 2006 www.tombraiderchronicles.com
[ March 31st 2006 ]
Entertainmant Group has reported a pre-tax
loss of £20.1m for the six months ended 31 December
2005 compared with a profit of £3.9m the year
before. Sales rose to £50.1m from £17.9 the year
the first half of the financial year the Group
had revenue of £42.9 million under UK GAAP, which
was substantially ahead of our internal plans.
This higher than expected revenue arose primarily
through the distribution of Lego Star Wars.
success of Lego
Star Wars, which has now sold over 3.3 million
units since its launch in April 2005, illustrates
the strength of the games market for strong products.
We are continuing our relationship with the developers
of Lego Star Wars by co-publishing Lego Bionicle
during the 2007 financial year.
Group's new releases in the first half were Total
Global Storm and a PSP version of Championship
Manager. Sales of Championship Manager on PSP,
released in December 2005, were particularly strong.
This reflects the continuing popularity and strength
of the brand.
first half revenues were greater than expected,
the majority of this arose from distribution revenue
which has lower margins than self published products.
Accordingly, the loss for the period remains in
line with our plans. This means that we remain
firmly on track to achieve our full year profit
the second half of the financial year the Group
plans to release new versions of two of its biggest
Raider Legend and Hitman:
Blood Money. In addition we have five further
full price releases as well as expected strong
revenues from six new releases for mobile phones
from our New Media division.
Raider Legend will be released on 7 April 2006
in Europe and on 11 April 2006 in North America.
Lara Croft is arguably
the most well known character in video games history,
and the Tomb Raider series is certainly one of
the most successful, selling over 28 million units
and giving rise to two successful Hollywood films.
Raider Legend is the first version in the Tomb
Raider series to be developed by the Group's
Dynamics Studio in the United States. The
game, which is based on a completely redesigned
engine, has attracted very strong reviews and
has been featured on the front covers of over
100 magazines worldwide over the past months.
product will be launched with a worldwide TV advertising
campaign and extensive outdoor advertising. As
well as being available on Playstation 2, Xbox
and PC, Tomb Raider Legend will be simultaneously
launched on the Microsoft Xbox 360 and, in May
2006, will be available on the Sony PSP.
further versions available on mobile as well as
the Nintendo DS, GBA and Gamecube platforms later
in the summer, this will be the first time that
a Tomb Raider product has been available to customers
on so many key platforms.
on these results, Jane Cavanagh, Chief Executive
of SCi said; "Our plans for the full year
remain well on track. Following SCi's acquisition
of Eidos in May 2005 we have integrated the two
groups, achieved target cost savings and rebuilt
the strength of key Eidos franchises.
are confident that the launch of eagerly awaited
titles such as Tomb Raider Legend and Hitman:
Blood Money provides a firm base to our profitability
for the full 2006 financial year. "