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Swedish regulations slow Catena Media growth in first quarter

3rd May 2019 6:34 am GMT

Stockholm-listed online lead generation specialist Catena Media has reported a 9 per cent increase in revenue to €26.1m for the first quarter of 2019.

The company said that revenue was below expectations due to new regulations impacting operators, in particular in Sweden, with new depositing customers (NDCs) down 7 per cent year-on-year to 124,007.

“Everything we are doing is now converging in the right direction,” said chief executive Per Hellberg. “We are continuing our long-term transformation, based [...]

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