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LeoVegas shares soar despite swing to loss in Q1

2nd May 2019 8:52 am GMT

Shares in LeoVegas soared by more than 16 per cent in Stockholm Thursday after the operator posted a 12 per cent increase in revenue to €86.3m for the first quarter of 2019.

LeoVegas reported organic revenue growth in local currencies of 4 per cent, with growth continuing to be curtailed by the UK market. Excluding the UK, organic growth would have risen to 19 per cent.

Total deposits increased by 8 per cent to €268.5m compared to a year ago, [...]

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