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Cherry prepares for future growth following strong Q1

11th May 2011 9:45 am GMT

Sweden’s Cherryföretagen AB has reported an 80 per cent increase in revenues to SEK97.4m for the first quarter of 2011, with the company’s online gaming segment now accounting for more than half of its total revenues.

Cherry’s online gaming segment saw revenues amount to SEK48.8m during the quarter following the acquisition of AutomatGruppen last March, and already accounts for more than a third of its entire contribution in 2010 (SEK133.8m).

Active customer increased by 88 per cent quarter-on-quarter [...]

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