CD Projekt SA (WAR:CDR)
zł 170.2 3 (1.79%) Market Cap: 17.00 Bil Enterprise Value: 15.93 Bil PE Ratio: 38.77 PB Ratio: 6.61 GF Score: 93/100
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Full Year 2022 CD Projekt SA Earnings Call Transcript

Mar 30, 2023 / 04:30PM GMT
Release Date Price: zł113.28 (+2.81%)
Adam Michal Kicinski
CD Projekt S.A. - CEO & President of the Management Board

Good afternoon. My name is Adam Kicinski, and I'll be your host during today's conference dedicated to the CD Projekt Groupâs financial results for 2022. Iâll run the presentation together with Piotr Nielubowicz. Michal Nowakowski will join us for the Q&A session. Before discussing earnings, Iâll sum up last year's main events. 2022 can be defined as the year in which we laid solid foundations for our future business.

First, beginning parallel development of 2 AAA projects. As we continued working on Phantom Liberty, we started production of the next Witcher game. Parallel development should eventually let us increase the frequency of releases. Second, we entered into a strategic partnership with Epic Games. We decided to transition to the Unreal 5 engine for our future titles. This should eventually support more stable and efficient development. At the same time, we continued to improve our key products, Cyberpunk 2077 and The Witcher 3: Wild Hunt. They both received a number of significant updates.

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