The Witcher is Strength: CD Projekt has risen 21,000% thanks to The Witcher games

CD Projekt rarely pleases players with new projects, but this did not stop the company from showing the biggest growth.

stock value.

What is known

If you believe Bloomberg, then since 2009, the costassets of the Polish holding CD Projekt S.A., of which the CD Projekt RED studio is a part, grew by 21,000%. According to the publication, this is the largest leap among public European companies included in the STOXX 600.

Not surprising, but the fact that the main reasonrapid growth was the series The Witcher. So, in 2019, the total sales of adventure games of a medieval lone knight reached 40 million copies. Moreover, more than 20 million copies sold fell on The Witcher 3, taking into account the PlayStation 4, Xbox One and PC.

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Given the release of The Witcher from Netflix,sales may grow, because after the release of the series the popularity of the project has grown. According to Steamcharts, on December 25, 62 thousand gamers played in the Steam version of The Witcher 3. This is the highest figure in the last three years, and before that, May 2016 held the championship, when after the release of the add-on “Blood and Wine” 49 thousand gamers entered the game.

At the same time, things are worse in the homeland of CD Project. Over the same 10 years, the Polish stock index WIG20 fell 11%, while the already mentioned STOXX 600 rose 65%.

Despite the lack of releases in 2019 andFocusing on one game at a time, CD Projekt managed to raise its value by 86%, reaching a market valuation of $ 6.8 billion. In addition, analysts expect that the company will increase profit to $ 845 million due to the April release in the person of Cyberpunk 2077.

CD Projekt itself makes a big bet on the project, and in the third quarter of 2019 spent more than $ 10 million on game development, including Cyberpunk 2077.

Recall that Cyberpunk 2077 will be released on April 16, 2020 on the PlayStation 4, Xbox One, as well as the PC platform in the Steam, GOG and Epic Games Store.

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