Profil:
CD Projekt SACD Projekt share price rises approx. 4 pct; with WIG20 up by 0.6 pct
The share price of listed video games developer CD Projekt rises by around 4 percent to PLN 228.5 (EUR 53.83) per share, following the publication of company’s financial report for the first quarter of 2025; while the large-cap WIG20 index is up by 0.6 percent.
CD Projekt posted a net profit of PLN 86 million (EUR 20.3 mln) in the first quarter of 2025, below the consensus for a PLN 95.3 million (EUR 22.5 mln) net take. According to the PAP Biznes' calculations, the company's EBITDA amounted to PLN 119.9 million (EUR 28.25 mln), above the market expectations of PLN 110 million (EUR 25.92 mln).
The company's CFO Piotr Nielubowicz told a conference call that CD Projekt believes that the sale of Cyberpunk 2077 on the Nintendo Switch 2 will have an impact on the company's revenue in the second quarter. The games developer is working on three unannounced projects, two of which involve games.
According to a presentation, CD Projekt has sold 10 million copies of Cyberpunk 2077: Phantom Liberty since launch, including the add-on alone and the final version. It was further reported that Cyberpunk 2 has entered pre-production.
pam/ ao/
