Bigben: in the green after its annual results
Thanks to a more favorable product mix, gross margin improved by 5.2 points to 44.8% on sales of 283.5 million euros, up 2.8%, with stability for Nacon and 6.4% growth for the AudioVideo/Telco division.
With Nacon Gaming expected to enjoy sustained growth, and Bigben Audio-Video/Telco holding up well, the Group anticipates strong sales growth for the year as a whole.
In addition, the Board of Directors has decided to submit to the AGM on July 21, a distribution in kind of one Nacon share for every five Bigben Interactive shares held, representing to date around 4.25% of Nacon's share capital.
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