Codemasters guns for £100m

MCV Staff 23rd November 2007 Development News

Codemasters will smash through the 100m revenue barrier this year and rubber stamp its position as the fastest growing video games company in the world, according to CEO Rod Cousens.

The British publisher this week posted its FY ‘07 results (ending June 20th) which showed sales up 38 per cent to 71.5m and profit up five-fold from 1.1m to 5.6m. But Cousens is adamant that FY ‘08 will put even this performance in the shade.

We’ll exceed that level of growth, definitely. We’re the fastest growing publisher in what many people view as the fastest growing entertainment sector,” he told MCV.

Cousens added that a public flotation is scheduled for calendar ‘08, while a trade sale remains an alternative.

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