Codemasters sales up 38%

Codemasters has announced a 38 per cent annual growth in sales in the past financial year to GBP 71.5 million.

The results are partially the result of a strong performance in North America, where net sales grew 151 per cent to GBP 17.1 million, attributed by the company to the signing of a distribution deal in the territory with Warner Bros.

Operating profit was up from GBP 1.1 million last year to GBP 5.6 million this year, with key software titles in the period including Colin McRae: DiRT, Overlord and Lord of the Rings Online.

The company invested GBP 40.5 million during that time in the development of its games, as well as proprietary technology including the Neon graphics engine.

Forthcoming titles include Clive Barker's Jericho, Turning Point: Fall of Liberty, HEI$T and Rise of the Argonauts.