Innelec confirms favorable outlook for FY2026-27
Reuters2026/08/13 18:12- Innelec reiterated a favorable outlook for FY 2026-27, citing a shift toward higher-margin product categories.
- Q1 revenue fell 10% to EUR 14.4 million, reflecting a 21.2% drop in console sales, which were 36% of revenue.
- Accessories rose 3%, with high-tech products up 11%; licensed merchandise represented 21% of revenue despite a 4% decline.
- Management expects diversification into trading card games, new high-tech and licensed products, to support margins alongside a cost-savings plan.
- The confirmed 2026 launch of GTA 6 is expected to benefit the PlayStation ecosystem, supporting demand across the group’s markets.
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