Carentoir, April 29, 2025

FIRST QUARTER 2025 TURNOVER

Unaudited data (€m)
2025 2024 Change
January 1 to March 31, 2025
Thrustmaster 22.0 24.7 -11%
Gaming accessories 22.0 24.7 -11%
Hercules 3.0 3.1 -3%
Digital devices 3.0 3.1 -3%
TOTAL 25.0 27.8 -10%

The Group generated turnover of €25 million in the first quarter of 2025, down 10%, mainly as a result of lower
sales of racing wheels. Meanwhile, sales of joysticks and gamepads grew over the period.

Financial position at March 31, 2025
• Net debt (excluding investment securities) was negative at -€26.7 million.
• The value of the portfolio of Ubisoft Entertainment shares held as investment securities stood at €5 million.


Thrustmaster news
o Racing

Thrustmaster is accelerating the transition of its racing wheel ranges to make them even more competitive.
The T598 racing wheel — a proven hit in Europe, North America and Asia — continues to grow in popularity.
Three new racing wheels will be launched over the coming months to replace entry-level models, while improving
price positioning.

Thrustmaster will be releasing Raceline Pedals III, its new modular and upgradable metal pedal set, at the end of April.
With its all-metal structure, modularity and upgradability, this versatile pedal set offers high levels of precision and
longevity.

The second quarter is set to be a particularly busy time for the racing segment:
➢ Two flagship games are due to be launched (Forza Horizon 5, and F1® 25 from EA Sports™).
➢ The very eagerly-awaited movie F1, a Warner Brothers blockbuster starring Brad Pritt set in the world of
Formula 1, is due to be released.

The release of Forza Horizon 5 for PlayStation®5 — the first time the iconic game has been adapted for
PlayStation — is a major event that will energize the racing market. Leading website www.metacritic.com, which
aggregates ratings from across the trade press, calculated an extremely-high metascore of 92 out of 100.
The Thrustmaster ecosystem is ideally positioned to help new gamers discover the Forza universe on PlayStation.
o Flight sim/Joysticks
Thrustmaster is strengthening its presence in the space simulation segment with Sol-R, its range of joysticks
specially designed to meet the needs of interstellar pilots. Its two new joysticks, Sol-R 1 Flightstick and Sol-R 2
HOSAS Space Sim Duo, have received an enthusiastic welcome from the space sim community. Early sales are very
promising.

o Farming
The SimTask range continues to expand to cover the entire farm sim community, adding new joysticks for the
consoles market. This June, a version of SimTask FarmStick officially licensed for PlayStation will join the recently-
released accessories for the Xbox console (SimTask FarmStick and T128 SimTask Pack Xbox) and PC.

Hercules news
The brand-new Hercules DJControl Mix Ultra, which in January won a “Best of Innovation” award in the “Content
and Entertainment” category at the CES Innovation Awards and was included in Magnetic Magazine’s “Best of
NAMM 2025” round-up, opens up unique opportunities for Hercules to conquer the Asian market, which is more
geared towards smartphones as the user’s main device. The French website www.sonovente.com described the
new controller as “the ultimate travel companion for any serious DJ”.

DJUCED PRO software
Over the period, Hercules also launched DJUCED PRO on April 15, designed to meet the needs of the most
advanced users. The software is available on a standalone basis, by way of either purchase or subscription. It is
also included with the new DJControl Inpulse 500 Silver Edition, launched at the same time.

United States action plan
With the United States accounting for approximately 25% of its sales, the Group was able to anticipate the
increase in new tariffs put in place by the U.S. government.
Inventories already located in the region will be sufficient to cover most sales until autumn. The Group has
adapted its sales strategy and new, significantly-higher public prices are currently being rolled out.

Outlook
The Group expects the new tariffs and economic uncertainty to depress demand for gaming accessories.

The Group is lowering its sales forecast and now expects to generate turnover in excess of €110 million.
The forecast of a full-year operating profit for fiscal 2025 is maintained.




Guillemot Corporation is a designer and manufacturer of interactive entertainment hardware and accessories. The Group offers a diversified range of
products under the Hercules and Thrustmaster brand names. Active in this market since 1984, the Guillemot Corporation Group is currently present in 11
countries (France, Germany, Spain, the UK, the United States, Canada, Italy, Belgium, Romania, the Netherlands and China [Shanghai, Shenzhen and
Hong Kong]) and distributes its products in more than 150 countries worldwide. The Group’s mission is to offer high-performance, ergonomic
products which maximize the enjoyment of digital interactive entertainment for end users.
Contact: Guillemot Financial Information — Telephone: +33 (0) 2 99 08 08 80 — www.guillemot.com