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10-03-2009

2008: Growth of 12%

The overall sales of Recent Toys products in 2008 was slightly disappointing. Sales went up only 12% (20% was expected).

'Especially in the field of strategic board games we see sales slowing down. Also our sales in the American market has dropped almost 80% due to the economic situation.
On the other hand our brainteaser products are still expanding and as we believe, are less dependent of a decrease of personal income. For 2009 we still expect a growth in terms of turn over and profit although it’s extremely difficult to give a clear forcast'.


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