FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of May, 2004
Commission File Number: 000-28994
Eidos plc
Wimbledon Bridge House,
1 Hartfield Road, Wimbledon,
London, United Kingdom
44 208 636 3000
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F
X
Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
No
X
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- __N/A______
Eidos plc Trading Update
LONDON--(BUSINESS WIRE)--May 20, 2004--Eidos plc ("Eidos"),
(LSE:EID.L, NASDAQ:EIDSY), one of the world's leading publishers and
developers of entertainment software, today provides an update on
trading during the second half of the financial year to 30 June 2004.
The initial shipments of Hitman: Contracts, released in the last
week of April, have been broadly in line with management expectations.
The title has reviewed well and has shipped approximately 1.5 million
units to date. The title has also achieved number one rating status in
the UK, France, Germany and the US during the first two weeks of
launch.
However, the recent and unexpected softness of the games market,
particularly in the US, is having a negative effect on the unit sales
of Hitman: Contracts and will, therefore, adversely impact upon the
Company's financial performance for the full year. Based on overall
sell-through rates to date, management has identified a potential
shortfall exposure of c.700,000 units of previously anticipated
re-orders that are now unlikely to materialise. Whilst the operating
profit contribution from the re-orders would have been expected to be
in the region of GBP 9 million, the actual impact on the year-end
outcome, while very significant, will depend upon a number of other
factors, including the on-going sales of other titles.
The Company has two remaining titles scheduled for release prior
to the end of the financial year, Thief: Deadly Shadows and
ShellShock: Nam '67. Thief is in manufacture for shipment on 25 May in
the US and 11 June in Europe. ShellShock is in the approval process
and is due to ship in the last week of the financial year as
originally forecast.
Eidos intends to announce its full year results for the current
financial year in early September. The Company will keep the market
informed in a timely manner should any material changes occur in the
intervening period.
In the light of continuing media speculation concerning a possible
approach to the Company, the Board can confirm that it has received no
such approach and is not in discussions with any party concerning a
possible offer.
Eidos is the largest video games publisher and developer of
entertainment software in the UK. It has publishing operations across
Europe (France, Germany, Spain and the UK) and in the US, Japan and
Australia. It also has significant development studio expertise, both
internal and external, in Europe and the US.
Eidos plc is a public limited company registered in England
(number 2501949). Its Ordinary shares are listed on the London Stock
Exchange (ticker: EID.L) and, in the form of American Depositary
Shares, on the NASDAQ National Market (symbol: EIDSY). Further
information on the Company can be found at www.eidos.com.
Eidos and the Eidos logo are registered trademarks of Eidos plc.
All other trademarks are the property of their respective owners. All
rights reserved.
This statement contains information about our past performance or
practices. No such information should be used as an indicator of
future performance or practices. It may also contain forward-looking
statements that are based on current expectations or beliefs, as well
as assumptions about future events. You can identify these statements
by their use of words such as "will", "anticipate", "estimate",
"expect", "project", "intend", "plan", "should", "may", "assume" and
other similar words. You should not place undue reliance on our
forward-looking statements, which are not a guarantee of future
performance and are subject to factors that could cause our actual
results to differ materially from those expressed or implied by these
statements. Such factors include: general economic conditions in the
Group's markets, particularly levels of consumer spending; exchange
rates, particularly between the pound sterling and the U.S. dollar, in
which the Group makes significant sales; the Group's ability to
continue to win acceptance of its products, which are offered in
highly competitive markets characterized by continual new product
introductions, rapid developments in technology and subjective and
changing consumer preferences (particularly in the entertainment
business); the Group's ability to attract and retain qualified
personnel; risks of doing business internationally; and other risks
described from time to time in Eidos plc's Securities and Exchange
Commission periodic reports and filings. We undertake no obligation to
update our forward-looking statements, whether as a result of new
information, future events or otherwise. No information contained in
this statement constitutes or shall be deemed to constitute an
invitation or otherwise deal in shares or ADR's of Eidos plc. The
price of shares and income derived from them can go down as well as
up.
CONTACT: Eidos plc
Mike McGarvey or Stuart Cruickshank
020 8636 3000
or
Brunswick UK
Jonathan Glass or Wendel Carson
020 7404 5959
or
Brunswick NY
Nina Devlin, 212-333-3810
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Eidos plc
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By: /S/ Stuart Cruickshank
----------------------
Stuart Cruickshank
Chief Financial Officer
By: /S/ Michael McGarvey
---------------------
Michael McGarvey
Chief Executive Officer
Date: 20 May 2004
Eidos Plc
Form 6-K
Table of Contents
The following documents were filed as part of this Form 6-K:
Exhibit Reference
Press Release dated May 20, 2004 - Eidos plc Trading Update