MTG maintains 2024 outlook and operating margin grows to 30%
Despite Q2 revenues declining by -1% on a reported basis in constant currencies, we are maintaining our full-year outlook of 1-5% growth in reported sales before currency effects. Snowprint’s revenues grew year over year thanks to the continued success of Warhammer 40,000: Tacticus, while our remaining studios’ sales declined. We remain focused on our established portfolio and maintain marketing discipline as we prepare to accelerate UA spend again on the back of new content for established titles and new games in H2. User acquisition spend was down year over year but increased again at the
