Evolution core profit beats forecasts

Evolution core profit beats forecasts

28/10/2021 9:38:00 AM

Evolution core profit beats forecasts

STOCKHOLM : Sweden's Evolution AB on Thursday reported third-quarter core earnings above market estimates and said growth was driven by a strong global demand for live casino games.The company, which develops and licenses casino games such as online slot machines and roulette games, said EBITDA rose to 19

STOCKHOLM : Sweden's Evolution AB on Thursday reported third-quarter core earnings above market estimates and said growth was driven by a strong global demand for live casino games.The company, which develops and licenses casino games such as online slot machines and roulette games, said EBITDA rose to 192.9 million euros (US$223.8 million) from 90.7 million a year ago, beating the mean forecast of 191.6 million euros, according to Refinitiv estimates.

(US$1=0.8618 euros)(Reporting by Helena Soderpalm, editing by Supantha Mukherjee) Read more: CNA »

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