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Net Ent forecasts lower than expected Q3 revenue growth

19th September 2012 9:35 am GMT

Shares in Sweden’s Net Entertainment fell by more than 5 per cent in Stockholm this morning after the company warned that it expects third quarter revenue growth to be lower than current market expectations as a result of the strengthening of the Swedish Krona as well as the delayed launch of two of its customers.

Net Entertainment said that its revenues are affected by the development of the Swedish currency in relation to other currencies, mainly [...]

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