EIDOS REGAIN FINANCIAL POISE
Copyright 2001 www.tombraiderchronicles.com

[ September 27th 2001 ]

Tomb Raider publishers Eidos Interactive have bounced back after last weeks disappointing interim figures with their share price closing at 155p and their traded volume totalling 622,909. The turnaround was helped by news that chief executive Michael McGarvey and development director Jeremy Heath Smith had acquired 31,000 shares each at 160p.

Although the financial outlook for Eidos remains positive after a grim period earlier this year when a 55m share-issue package was accepted by shareholders, Chairman Ian Livingston warned that the recent tragedy in the U.S. could impair the companies turnaround: "Consumer confidence in the USA and the rest of the world may be affected by the tragic events of last week."

The London based publishers will release Core Designs rustic adventure Project Eden later this month with Herdy Gerdy making its digital debut in October/November.

Copyright (c) 2000 - 2023 tombraiderchronicles.com
tombraiderchronicles.com is not owned or operated by CDE Entertainment Ltd.
Lara Croft and Tomb Raider are trademarks of CDE Entertainment Ltd.
Materials in this web site are trademarked and copyrighted properties of their respective owners.