More bad news for Infogrames

A weak performance in the US saw sales fall to Euro 391.2m from Euro 577.2m last year. Q4 sales were down 3.5 per cent, with Asia and Europe actually seeing a growth during the period. But this was offset by a 17 per cent dip in revenues Stateside.

“Overall volumes over the 12 months of the fiscal year have been hit particularly by the weak performance in the United States during the second half,” a statement offered. “A specific action plan has been launched to increase the flexibility of the structures and restore their competitiveness and creativity.”

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