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CDV Kicks Crappy Economy In The Nuts With Sacred 2

CDV released their financial results for the first half of 2009. The results show that CDV royally owned up while a lot of other companies have been buying the farm and kicking the bucket. Much of CDV’s success for the first-half of 2009 was due to the successful release and high sales of Sacred 2: Fallen Angel.

According to the press release…

The increase of 66 percent was primarily due to revenues generated from the sales of video game software in key territories.

Those key territories happen to include North America, where CDV made in the top three market position thanks to the action-RPG. There appears to be a trend in the market report for CDV’s financial earnings and results and a lot of it includes Sacred 2. However, other software releases in the PC software department also helped boost profits in the first-half, as opposed to the year prior.

Christian Gloe, CEO of CDV Software Entertainment AG also commented in the financial results, saying…

”The first half of 2009 was a record year for us with major achievements despite the current global financial crisis,”…“The actions taken in 2008 as well as the experience made and adapting business models to new requirements were the key to our suc-cess for the first six months. In addition we were able to significantly reduce the cost structure in order to be more competitive. With our existing and growing back catalogue as well as with the scheduled new releases in the second half of 2009, we are quite optimistic about the future of cdv Software Entertainment AG and our prospects for 2009.”

The company seen a number of other significant improvements for the first half of 2009, including net income for the ending year of June 30th, 2009 of 0.4 million euros as opposed to the negative 1.9 million euros of June 30th, 2008. Total revenues also measured 11.3 million euros as opposed to the 6.8 million euros of the year prior.

Need to learn more about CDV and their steamrolling success for the first half of 2009? Well, feel free to visit the Official Website. For more gaming news, updates, insight and media, be sure to stay tuned in with Blend Games.

Will Usher

Staff Writer at CinemaBlend.