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Net Ent’s bottom line impacted by investment costs in Q4

14th February 2013 9:08 am GMT

Sweden’s Net Entertainment has reported a 19 per cent increase in revenues to a record SEK144.7m (€17.0m) for the fourth quarter of 2012, but higher operating costs relating to the company’s investment in new products meant that profit for the period fell by 15 per cent.Net Entertainment said that from an operational perspective, Q4 was a milestone for the company as several projects were completed, including the launch of its live casino product, the release [...]

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