GDANSK, May 29 (Reuters) - Polish games developer CD Projekt (CDR.WA) is not for sale, its CEO reiterated on Monday, following weekend rumours that th

CD Projekt is not for sale - CEO

submited by

Style Pass

2023-05-30 05:00:03

GDANSK, May 29 (Reuters) - Polish games developer CD Projekt (CDR.WA) is not for sale, its CEO reiterated on Monday, following weekend rumours that the maker of "Cyberpunk 2077" could be targeted by Sony (6758.T).

"Nothing has changed on our end. I can repeat what we've been saying throughout the years - CD Projekt is not for sale. We want to remain independent", Adam Kicinski said on a conference call following first-quarter results.

"It's very exciting to follow our own path, so it's pure rumour", he added, referring to the speculation on Twitter and in a trade newsletter.

CD Projekt, which has previously been rumoured to be a target for Microsoft, reported a 1% year-on-year rise in quarterly net profit, as it gears up to release an expansion to action role-playing game "Cyberpunk 2077".

The company behind "The Witcher" series said its net profit rose to 69.7 million zlotys ($16.8 million), despite a 19% year-on-year drop in revenues to 174.8 million zlotys.