CD Projekt SA (MEX:CDR)

MXN 540.06 0 (0%) Market Cap: 56.05 Bil Enterprise Value: 51.54 Bil PE Ratio: 25.25 PB Ratio: 5.19 GF Score: 95/100

Full Year 2021 CD Projekt SA Earnings Call Transcript

Apr 14, 2022 / 04:30PM GMT

Transcript

Adam Michal Kicinski

CD Projekt S.A. - Joint CEO & President of the Management Board

Hello, everybody. Welcome to CD Projekt Group's earnings conference where we'll briefly wrap up last year's performance. I'll walk you through the presentation together with Piotr Nielubowicz. Michal Nowakowski will join us for the Q&A session after the presentation.

Let's start with Slide 2 where you will find a short summary of what has been happening at the company since the beginning of last year. It was a year of major changes. Our transformation process, which we've called RED 2.0 kicked off in 2021, and throughout the past year, touched almost every aspect of the company's life.

In terms of organizational changes, we've introduced the agile methodology in the game development process. Right now, 17 agile teams are in place. 10 of which are engaged in developing the Cyberpunk expansion, while the remaining 7 are setting up our internal core technology center that will serve our future games.

The Cyberpunk expansion is being developed largely with the use of the agile methodology

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