10TACLE STUDIOS AG's preliminary 2006 results exceed all expectations
Consolidated revenue up 62.25% /181.59% EBIT growth
Darmstadt, March 8th 2007 - 10TACLE STUDIOS AG (ISIN DE000TACL107) announced its preliminary results for 2006 today (unaudited provisional figures). Consolidated revenue generated by the developer and producer of high-end computer and video games increased by 62.25% to 29.037 million in fiscal year 2006 (previous year: 17.896 million). During the same period, EBIT increased sharply by 181.59% to 4.742 million (previous year: 1.684 million). 10TACLE STUDIOS AG thus systematically continued its growth path and clearly exceeded both its internal targets and analysts' expectations.
Michele Pes, Chief Executive Officer of 10TACLE STUDIOS AG, said: "2006 was an extremely successful and important year for our Company. We grew as planned in all areas. We clearly exceeded the targets we set within our international Group, development, technology, and portfolio structure. In addition, we strengthened our strategic position in the key Asian market for the long term. 10TACLE STUDIOS AG will continue this growth trend in 2007. We believe that we are only at the beginning of what is possible."
Note: The figures given for the 2006 fiscal year may change in the course of the audit of the financial statements.
About 10TACLE STUDIOS AG:
Listed in the General Standard of the Frankfurt Stock Exchange, 10TACLE STUDIOS AG ( www.10tacle.com) is one of Europe's leading independent developers and producers of high-end computer and video games. Currently, some 230 employees work for the Company at its headquarters in Darmstadt and the development sites in Duisburg, Hanover, London, Charleroi, Bratislava and Singapore.