Banner earnings for game developer

IO Interactive's latest financial report has revealed gross profits of DKK 7.1 million for the first six months of the year - 40 percent more above the game developer's profits for all of 2003

Business daily Erhvervsbladet reported that IO Interactive sold 1.6 million copies of its new game "Hitman: Contracts" this spring, a major contributing factor in bringing the company's turnover to DKK 60.2 million for the first half of this year, compared to DKK 89.3 million in all of 2003.

The third installment in the popular Hitman series is on track to become the biggest success in the company's history.

"'Hitman: Contracts' debuted in April 2004, and sold 1.6 million copies as of 30 June 2004, which was more than 'Hitman 2: Silent Assassin' sold in its first two months in circulation. Despite the fact that expectations were higher this time around, the sales figures must be considered a success," said IO Interactive director Janos Flosser.

In the past four years, IO Interactive has sold 6.5 million games worldwide. "Hitman2" has sold 3.3 million copies, while sales of the game "Freedom Fighters," which was released last year, are proving underwhelming.

Despite outsourcing portions of its graphics department to Asia, IO Interactive expects to supplement its current 139 employees in Denmark with new hires. Activities at IO Interactive's Hungarian subsidiary have been discontinued.

The next installment in the Hitman series has a tentative release date of June 2005, and the company is also hard at work on another game, details of which have not yet been released.

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