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SCi to post £100 million FY loss

Tuesday, 22nd July 2008 10:56 GMT By Patrick Garratt

According to this Edge report, SCi is poised to show a £100 million for fiscal 07.

“We have a clear strategy in place and have taken decisive steps to become a studio-led business with a focus on cornerstone franchises and a flexible approach to distribution,” said CEO Phil Rogers.

“There has been substantial change and the business is in good shape to take advantage of the strong overall market for video gaming worldwide.”

The company is currently working on its previously announced aim to reduce staffing levels by 25 percent.

The info comes from a trading update. More through the link.

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