CD Projekt Red
Article about CD Projekt Red

Published 1 year, 9 months ago

Games CD Projekt Red Published by J. Doe

CD PROJEKT looks back at 2019

The CD PROJEKT Group posted 521 million PLN in 2019 sales revenues, which is 44% more than in the preceding year. This is mostly due to excellent sales of The Witcher 3, including its new Nintendo Switch release, and the launch of GWENT on mobile devices. The Group’s consolidated net profit increased by 60% compared to 2018, topping 175 million PLN.

– Both with regard to sales and the Group’s net result, the fourth quarter of 2019 was the best final period of the year in our history. Strong sales of The Witcher and its debut on new hardware platforms contributed to our net earnings and the Group’s net profitability, which increased to 34% in the past year – says Piotr Nielubowicz, Vice President and CFO of CD PROJEKT.

In 2019 the CD PROJEKT Group incurrent record expenditures on development of new games and technologies, at 165 million PLN. – In addition to intensive development of Cyberpunk over the past year, we also focused on the game’s global promotional campaign. Interest in Cyberpunk is enormous, as attested to by the 200 awards which the game has already received, and excellent viewership of its trailer – over 50 million views since its release in June 2019 – remarks Adam Kiciński, President and CEO of the CD PROJEKT Group.

Original article

Apr 08, 2020 at 22:08