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Nektan misses EBITDA target despite strong revenue growth

24th June 2019 7:39 am GMT

London-listed gaming services provider Nektan has admitted that its target of achieving EBITDA breakeven for its financial year ending 30 June will not be achieved.

In a trading update Monday, the company said that it expects to deliver double-digit revenue growth for the year, with a significantly reduced EBITDA loss compared to the previous year.

Nektan said however that its target of achieving EBITDA breakeven for the year will not be achieved due to slower trends experienced [...]

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