Full-year sales tumble at Infogrames

Infogrames Entertainment has reported a year-on-year drop in sales of 16.7 per cent for the full year up to March 31st, 2007.

Annual revenue amounted to €304.5 million, compared to €365.6 million for full year 2005 – 2006.

The company suffered from a dramatic 43 per cent drop in revenues in the US. European sales climbed by an equally remarkable amount, however, jumping up 48 per cent.

Overall, Europe represented 62 per cent of global sales, whilst the US represented 30 per cent and Japan eight per cent.

Better news came for the firm in its fourth quarter, in the period from January to March. Revenues improved by 12 per cent to €82.6 million, up from €73.7 million from the same period a year before.