Keywords sees interims well ahead of expectations
Video game technical services provider Keywords Studios said it expects to report interim revenues and adjusted per-tax profits “comfortably ahead of expectations”.
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Keywords said the period had produced good like for like growth substantially complemented by acquisitions. Results are expected mid-September.
Outperformance was driven primarily by the recently acquired Localisation and Audio business, Synthesis which delivered an “excellent first half performance due in large part to a beneficial phasing of revenues between the first and second half”, Keywords said.
“Given that it remains relatively early into our typically important second half, we are maintaining guidance for the year as a whole although the strong performance in the first six months naturally gives us a good level of confidence in delivering against our expectations for the full year.”