Stockholm-listed casino games developer Net Entertainment has recorded another strong quarterly performance with revenue in the first quarter rising 26.7 per cent year-on-year to SEK188.4m (€20.7m).

The growth in revenue was positively impacted by currency fluctuations, with revenue growth in Euros amounting to 21.1 per cent.

Operating profit for the period improved by 24.9 per cent versus the first quarter of 2013 to SEK51.2m, with an operating margin of 27.2 per cent versus 27.5 per cent a year ago.

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