cdv Software profits soar in first half of 2009
German publisher cdv Software Entertainment AG announced a “significant increase in revenues and profits” for the first half of fiscal year 2009. The company says that during 2009 it has strengthened its position and market share in the interactive entertainment industry. Most of its success so far this year can be directly attributed to the Xbox 360 and PS3 versions of Sacred 2: Fallen Angel, which helped the company reach a top 3 market position in North America.
Revenues for the company in the first six months in 2009 were 11.3 million euros, compared to 6.8 million euros for the same period in 2008. The increase of 66 percent was primarily due to revenues generated from the sales of video game software in key territories.