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Paf profit falls as increased costs fail to improve 2014 revenue

21st May 2015 7:43 am GMT

Åland-based gaming operator Paf has recorded a 9 per cent drop in total revenue to €98.1m for the 2014 full year, with profit almost cut in half as a result of targeted major investments in areas such as marketing.

Paf said that the planned cost increases during the year, designed to create growth, did not have the desired effect in 2014.

“Compared with the previous two financial years, 2014 was a weaker year,” said Paf CEO Anders [...]

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