THQ Nordic: Preview Q3, only minor releases during the period
Research Note
2017-11-06
16:28
THQ Nordic will present their report for the third quarter of 2017 on November the 14th. We expect to see a sales drop compared to last year due to only minor releases during the period. As we have previously stated; a significant part of the sales during H2’17 will be generated during Q4. We believe that the rights issue raised during the quarter indicates that the company has a healthy flow of acquisition targets. It would not surprise us if the company would announce a larger deal in the coming months. We are confident that the management will put the money to good use.
KL
Kristoffer Lindström
Disclosures and disclaimers