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Net Ent shares hit new 52-week high after another record quarter

23rd October 2014 9:25 am GMT

Sweden’s Net Entertainment has reported a 42 per cent increase in revenue to SEK217.2m (€23.6m) for the third quarter of 2014, with the company’s growing mobile channel now representing nearly 17 per cent of the total.

Net Entertainment said that new customers, in combination with a positive currency exchange movements following the weakening of the Swedish Krona towards the Euro, contributed to its strong quarterly performance, although the primary reason for the revenue increase was due [...]

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