DiRT Developer Codemasters Posts First Profit in Five Years
Just days after announcing that DriveClub‘s Evolution Studios team will be joining Codemasters, the developer has posted its first operational profit in five years.
In an interview with MCV UK, CEO Frank Sagnier acknowledged that Codemasters has been through some challenging times but predicted a double digit growth going forward.
The company has been through some difficult years. The transition to the new machines has not been easy and in the last couple of years we have focused on what we are good at, doubling down on racing and cutting the areas which we didn’t feel were strategic for us. We have ended up in fiscal year 2016 with our first operational profit in five years, which is a big achievement.
For as far as we can see, we are growing every year and we’re talking big double digits, we’re not talking about a few per cent.
Sagnier also revealed that DiRT Rally has done “really well” and that F1 2015 was successful after selling “two-and-a-half times the number of units” it did the previous year.
Our morale is up because when you do good games and they’re successful, your employees are happy. And, by the way, so are your shareholders.
With the Evolution team now in the house, it remains to be seen what “exciting new racing IP” Codemasters will come up with next.
[Source: MCV UK]