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bwin.party posts 2013 profit after €97m cost savings

13th March 2014 9:47 am GMT

bwin.party digital entertainment said Thursday that it now has the foundations in place to return the business to sustainable growth following a challenging year which has seen total revenue decline by 19 per cent to €652.4m, with double-digit declines across all of the company’s main product verticals.

bwin.party CEO Norbert Teufelberger said that the revenue decline was more than the company had expected, as results were impacted by the company’s tactical shift from  “volume to [...]

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