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As of May 2022, local customer contracts have already been terminated – after the restructuring, Electronic Arts will "no longer achieve sales with packaged goods" in German-speaking countries.
The impact is huge: The Cologne-based EA branch sold "packaged goods" worth more than €90 million in 2021/22. As a result, EA already expects a "significant decline in revenues" in the current financial year 2022/23. Provisions in the double-digit million range were recognized in the balance sheet, both for personnel and for redemption obligations and price reductions.
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