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Games and marketing drive strong growth for Cherry in Q2

24th August 2017 8:46 am GMT

Stockholm-listed gaming operator Cherry grew second quarter revenue by 179 per cent year-on-year, including organic growth of 37 per cent, despite the slower than expected integration of the ComeOn! business.

Cherry's second quarter revenue amounted to SEK536m (approx. €56m) versus SEK192m a year ago, with EBITDA climbing 524 per cent to SEK93m. Profit for the period amounted to SEK15m (€1.5m) compared to SEK8m in Q2 2016.

The company attributed the strong growth to its game development and [...]

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