Global Gaming: First comment Q3, strong margins
Research Note
2018-11-22
17:02
Global Gaming´s top-line for the third quarter was in line with our expectations. However, because of a strong profit margin and low marketing expenses, the EBIT margin was much stronger than expected. The gross profit margin was improved by a decrease in Affiliate commission. But also because of more favorable agreements with the game and payment suppliers. Following the report, we will have to adjust our estimates.
JA
KL
Jonas Amnesten
Kristoffer Lindström
Disclosures and disclaimers