Core Viewpoint - Bigben Interactive reported consolidated sales of €56.5 million for the first quarter of fiscal year 2025-26, which is in line with the group's targets despite a slight decline compared to the previous year [1][2]. Sales Performance - First-quarter sales decreased by 2.4% from €57.9 million in 2024-25 to €56.5 million in 2025-26 [2]. - Nacon Gaming sales fell by 2.9% to €31.3 million, while Bigben Audio/Telco sales decreased by 1.8% to €25.2 million [2]. Nacon Gaming Highlights - "Catalogue" sales for Nacon Gaming increased by 46.4%, driven by strong performances from Tour de France 2025 and Pro Cycling Manager 25, which saw sales growth of 25% and 35% respectively [3]. - The "Back Catalogue" maintained sales at €14.0 million, consistent with the previous fiscal year [4]. Accessories Market - Accessories sales in the European market grew by 22%, supported by successful products for Nintendo Switch 2 and XBOX Revolution X Unlimited controller [5]. - U.S. market sales decreased to €10.8 million due to customs duties and a weak market environment [5]. Audio-Video/Telco Segment - Mobile accessories sales slightly declined by 1.8% to €20.4 million, outperforming the overall declining smartphone market [6]. - Audio activity revenue was €4.8 million, showing a growth of 14.2% compared to the same period last year [7]. Future Outlook - The second quarter is expected to see growth driven by new game releases, including Test Drive Unlimited: Solar Crown and Rugby League 26, which has been a significant success [8][9]. - Upcoming titles in the second half of the year include nearly ten new releases, maintaining good activity levels for the "Back Catalogue" [10]. - The Accessories segment is anticipated to face challenges in the U.S. market but is expected to perform well in Europe [11]. Strategic Focus - Bigben Audio-Video/Telco aims to maintain resilience through a development strategy based on three pillars, despite a stagnant market environment [12]. - The company remains confident in achieving sustained growth for the fiscal year 2025-26 due to its strong positioning in complementary businesses [13]. Company Overview - Bigben Interactive reported IFRS sales of €288 million for the fiscal year 2024-25 and operates in over 100 countries [14][17].

Core Insights - NACON reported consolidated revenue of €31.3 million for the first quarter of fiscal year 2025-26, which is a decrease of 2.9% compared to €32.3 million in the same period last year, aligning with the group's objectives [1][2]. Sales Performance - The gaming segment saw a strong performance with sales of €19.7 million, reflecting a 10.4% increase from €17.8 million in the previous year [2]. - Catalogue sales surged by 46.4% to €5.6 million, driven by successful titles such as Tour de France 2025 and Pro Cycling Manager 25, which saw sales increases of 25% and 35% respectively [2]. - The back catalogue maintained stable sales at €14.0 million, consistent with the previous year's performance [3]. Accessories and Market Dynamics - Accessories sales decreased to €10.8 million, down 18.8% from €13.3 million, primarily due to a challenging comparison basis and weakness in the U.S. market, although European sales grew by 22% [4][8]. - The success of accessories for the Nintendo Switch 2 and the XBOX Revolution X Unlimited controller contributed to the positive trend in Europe [4]. Future Outlook - The second quarter is expected to see strong growth driven by new game releases, including Test Drive Unlimited: Solar Crown and Hell is Us, which has garnered nearly one million wishlists [5]. - The second half of the fiscal year will feature nearly ten new titles, with expectations for the back catalogue to maintain good activity levels [6]. - NACON remains confident in achieving strong growth for the fiscal year 2025-26, supported by a busy release schedule and innovations in the accessories segment [9].