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Monday, December 23, 2019
CD Project value has jumped 21000% in the last ten years
Polish Studio CD Project has become the largest value growth company in Europe in the last ten years.
The success of The Witcher 3: Wild Hunt is being written year after year, but by the end of 2019, Bloomberg is transmitting interesting statistics on the value of the Polish studio CD Project. According to a financial estimate, the creators of the Witcher games are currently worth around $ 6.8 billion.
In the last ten years, the value of their shares has thus increased by more than 21,000%, which, according to the Stoxx Europe 600 Index, is the largest increase in the value of a European company ... in all sectors. For CD Project, this is an additional success as the value of the market in their home Poland has decreased by 11% in the last 10 years.
The CD Project's rapid growth could continue in the future. Their upcoming Cyberpunk 2077 is mostly considered to be the most anticipated game of 2020, so if it is of good quality, there is no doubt that the Poles will bathe in money. According to analysts, next year CD Projekt could earn $ 845 million, four times what they earned in 2015.
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