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Nektan hails strategic progress but losses set to continue

20th July 2015 7:19 am GMT

Gaming platform provider Nektan has praised the “considerable progress” made in developing its business in the core European and US markets, despite a delay in securing new investment slowing the company’s growth during its 2015 financial year.

The supplier expects to post net gaming revenue of £0.5m for the year ended June 30th, with a lower than expected adjusted EBITDA loss of £5.5m, as a result of careful cost management. 

Nektan said [...]

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