G5 Entertainment: Growth on hold

Research Update

2019-02-18

07:30

Our new financial projection indicates 2019 will be an investment year for the company, with lower net sales and EBIT than the previous year. G5’s games and mobile games in general often is in so called soft launch around 12 months before the take off. In our base-case scenario we therefore assume the new games will have a more significant impact in mid/late 2020 and forward. We are also conservative how successful the next 1-2 big games will be. We have lowered our base case somewhat.

TO

Tomas Otterbeck

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