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Cherry’s first half profit soars following online growth

28th August 2012 7:54 am GMT

Sweden’s Cherry has reported a 13 per cent increase in revenues to SEK234.6m for the first half of 2012, following continued growth from the company’s online gaming business.

Revenues from online gaming increased by 24 per cent to SEK128.5m during the period, with stable results from the company’s NorgesAutomaten, SverigeAutomaten and Danmarks-Automaten brands, as well as significant growth from CherryAffiliate.com.

H1 2012 Revenues

Active online customers fell 7 per cent to 34,626 at the end of the period, [...]

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