Nordic Leisure: First comment on Q2
Research Note
2018-08-01
11:21
Both sales and profitability came in lower than expected, mainly explained by the sportsbook, which did not deliver in line with our expectations. EBITDA was negatively affected by one-offs related to the staff who left the company in connection with the continued restructuring of the organization (EUR 0.216m). On the positive side, the company’s platform has been certified for the Lithuanian market.
JS
Johan Svantesson
Disclosures and disclaimers