Eidos Warns Of Profits Shortfall

Officials from Eidos Interactive have issued a short trading update warning that unit sales of Hitman: Contracts have fallen below expectations. Although retail shipments have hit expectations, sales have not - despite the game charting well in most territories and receiving above average reviews. As a result the company is predicting a fall in operating profit of £9 million ($15.9m), dependant on the performance of other subsequent titles. At the same time the company also tried to quell rumours that it is currently in takeover talks, after recent significant share purchases by the Schroders investment bank and another, unnamed, purchaser. Source: gamesindustry.biz