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Thursday, 20 September, 2001, 10:10 GMT 11:10 UK
Lara Croft firm turns the corner
A still from the Tomb Raider film
The Tomb Raider franchise may be past its peak
Eidos, the British computer games firm that dreamt up Lara Croft, has reported better-than-expected results, but warned that sales might be hit by the after-effects of the US attacks.

Eidos said that its losses for the first quarter of its fiscal year were 11.1m, sharply down from the 18.6m shortfall it reported in the previous quarter.

The company now feels it has emerged from a grim period earlier in the year, when losses widened, its shares plunged, and a hoped-for merger with French video games publisher Infogrames failed to materialise.

Eidos gave a broadly bullish outlook for the rest of the year, largely thanks to plans for a raft of new games.

But chairman Ian Livingstone admitted that "consumer confidence in the USA and the rest of the world may be affected by the tragic events of last week".

Game on

As Eidos' most lucrative franchise, the Lara Croft "Tomb Raider" series, comes to the end of its natural life, the firm is hoping to give its product portfolio a kick-start.

The firm is bringing out a new version of some of its most profitable games, including "Who want to be a millionaire?" and "Championship manager", as well as three new action titles - Soul Reaver II, Project Eden and Mad Dash.

Eidos said it saw signs that the computer-games market, long seen as saturated, was embarking on a more lively period.

See also:

31 May 01 | Business
Eidos losses double
29 May 01 | Business
Eidos cash call hits share price
28 May 01 | Business
Eidos 'seeks 50m from shareholders'
28 Feb 01 | Business
Lara firm's shares plunge again
25 Jan 01 | Business
Playstation woes hit Sony profits
24 Jan 01 | Business
Sega considers axing Dreamcast
28 Nov 00 | Business
Eidos losses grow
20 Jun 00 | Business
Raider courting Lara
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