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CD Projekt second-quarter net profit expected to leap by 186%



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Results due Aug 28 after market close

Net profit seen at 63 mln zlotys

GDANSK, Aug 27 (Reuters) -Polish video game maker CD Projekt's CDR.WA second-quarter net profit is expected to rise 186% year on year thanks to higher sales, a Reuters poll showed on Tuesday.

CD Projekt is expected to report second-quarter net profit of 63 million zlotys ($16.43 million), the poll of seven banks and brokerages showed. That would put the company's net profit for the first half of the year at 163 million zlotys, up 79% from the same period last year.

The following table summarises market forecasts for CD Projekt's results for the second quarter of 2024:

(Figures in millions of zlotys unless otherwise stated)


Revenue

EBITDA

EBIT

Net profit

Average

202

85

56

63

Median

200

86

55

63

Lowest

198

82

52

55

Highest

209

90

64

74

No. of forecasts

7

7

7

7

Q2 2023

151

52

28

22

Q1 2024

227

111

81

100

Forecasts provided by: Erste Group, DM BDM, Noble Securities, Wood&Co, BM mBank, Santander BM, Ipopema Securities.


($1 = 3.8333 zlotys)



Reporting by Adrianna Ebert
Editing by David Goodman

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