Guillemot (GUI) Q4 2024 TU earnings summary

Executive summary

• Full-year 2024 turnover rose 5% to €125.1 million, driven by 8% growth in Thrustmaster and a 15% decline in Hercules.

• Fourth quarter turnover declined 8% year-over-year to €32.6 million, with mixed performance across product lines.

Financial highlights

• Thrustmaster full-year turnover increased to €113.1 million (+8% year-over-year), while Hercules fell to €12.0 million (-15%).

• Q4 2024 Thrustmaster sales dropped 10% to €28.9 million; Hercules Q4 sales grew 3% to €3.7 million.

Outlook and guidance

• The Group plans multiple new product launches in 2025 to sustain sales momentum.

• Expects turnover growth and a net operating profit for fiscal 2025.