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from GUILLEMOT (EPA:GUI)

GUILLEMOT CORPORATION: FULL-YEAR 2024 CONSOLIDATED TURNOVER UP 5%

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Carentoir, January 30, 2025

FULL-YEAR 2024 CONSOLIDATED TURNOVER UP 5%

Unaudited data (€m)  

January 1 to December 31, 2024

2024

2023

Change

Fourth quarter 2024

Thrustmaster gaming accessories

      28.9

32.0

-10%

Thrustmaster

      28.9

32.0

-10%

Hercules digital devices

       3.7

3.6

+3%

Hercules

       3.7

3.6

+3%

Total

      32.6

35.6

-8%

Full-year 2024 turnover

Thrustmaster gaming accessories

     113.1

104.9

+8%

Thrustmaster

      113.1

104.9

+8%

Hercules digital devices

      12.0

14.2

-15%

Hercules

      12.0

14.2

-15%

Total

     125.1

119.1

+5%

Turnover grew 5% in fiscal 2024 to €125.1 million, with Thrustmaster seeing growth of 8% and Hercules down 15%.

Meanwhile, turnover declined 8% in the fourth quarter of 2024 to €32.6 million, with performance varying by market:

-  The joystick market enjoyed double-digit growth following the November release of Microsoft Flight Simulator 2024, with the Group outperforming the market thanks to its newly-launched products.

-  The racing wheel market was in decline for most of the second half of 2024 before picking up slightly in December thanks to year-end promotional offers. The Group’s flagship new product, the T598 racing wheel, got off to an excellent start. However, the gradual ramp-up of production meant it was not possible to fully satisfy demand and counteract the market trend.

Hercules’ sales picked up in the fourth quarter despite the market being slow since the start of 2024.

Thrustmaster news

➢    Racing: The brand-new T598 racing wheel, launched in the fourth quarter of 2024, met with unanimous praise from the community, with the result that demand exceeded initial expectations. The Group will gradually ramp up production and ship the product worldwide, first through the retail channel and subsequently via e-commerce platforms. In gaming news, on December 6 the Sony Group and Polyphony Digital released My First Gran Turismo, a free-to-play, simplified version of Gran Turismo, to mark the 30th anniversary of the PlayStation console.  An early access version of Assetto Corsa EVO was also recently launched in January: this new, more mass marketoriented edition of the racing game should help to broaden the franchise’s audience.

➢    Flight sim/joysticks: In November, the Group took advantage of the global launch of Microsoft Flight Simulator 2024 to bring to market its new T.Flight Hotas One joystick, officially licensed for Microsoft Flight Simulator 2024. Released on November 19, it resulted from working directly with the Xbox Games Studio and Microsoft Designed for Xbox teams. Sales of this joystick were particularly strong in the run-up to the end of the year. The flight sim market is currently very buoyant, which is benefiting the entire range.

At the same time, the new AVA F/A-18 Super Hornet Flightstick high-end joystick base has been a big hit since its release on November 6. This fully customizable base lets users tailor their own flying style and enhance their flight experience. In early October, the www.PCgamer.comwebsite wrote: “If you’re someone who wants an excellent, easy to set up, super-premium flight stick that’s just going to get on with its job and deliver giggles for weeks, I have to hand it to the Thrustmaster”.

➢    Gamepads: The new HEART CONTROLLER (Hall Effect AccuRate Technology) gamepad, launched in the second half of 2024, is already the Group’s top-selling gamepad. Offering unparalleled precision that won’t decrease over time, this new controller draws on the know-how of Thrustmaster’s research and development teams, using the expertise gained from the H.E.A.R.T. Hall effect technology magnetic sensors incorporated into its flight sim joysticks.

 

➢    Farming/Trucking: Farming Simulator 2025, released on November 12, is a genuine growth driver for Thrustmaster: the SimTask FarmStick for PC will be joined by console versions in the first half of 2025.

 

Hercules news

 

Hercules DJ, a pioneering innovator in the world of DJing and electronic music, has unveiled its latest innovation: the DJControl Mix Ultra controller recently won the Best of Innovation award in the CES Innovation Awards at the Consumer Electronics Show in January 2025, in the Content and Entertainment category.

This first fully-wireless mobile DJ controller will meet the needs of a new generation of connected DJs. Designed for mobile DJs who use apps and streaming services like Apple Music to create their mixes, this innovative product — developed in conjunction with Algoriddim — is fully integrated with the market-leading mobile app djay. Available in the first quarter of 2025, DJControl Mix Ultra will let this new generation of DJs create mixes directly from their smartphones.

Hercules attended NAMM Show 2025, the international music exhibition held in Anaheim, California.  Its latest innovation, the DJControl Mix Ultra controller, drew the attention of existing and up-and-coming DJs. DJControl Mix Ultra was awarded the Best of NAMM 2025 award by Magnetic Magazine, which announced: “Hercules DJ Revolutionizes Mobile DJing with the DJControl Mix Ultra”.

2025  outlook

The Group is preparing to launch a raft of new products in 2025 that will complement recent launches and maintain strong sales momentum.

The Group expects to grow its turnover and deliver a net operating profit in fiscal 2025.

Guillemot Corporation is a designer and manufacturer of interactive entertainment hardware and accessories. The Group offers a diversified range of products under the

Hercules and Thrustmaster brand names. Active in this market since 1984, the Guillemot Corporation Group is currently present in 11 countries (France, Germany, Spain, the UK, the United States, Canada, Italy, Belgium, Romania, the Netherlands and China [Shanghai, Shenzhen and Hong Kong]) and distributes its products in more than 150

countries worldwide.

The Group’s mission is to offer high-performance, ergonomic products which maximize the enjoyment of digital interactive entertainment for end users.

Contact: Guillemot Financial Information — Telephone: +33 (0) 2 99 08 08 80 www.guillemot.com

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