Business & Finance
Cherry's profit up to SEK91m in Q2 2018
17 August 2018 -

Cherry AB (STO:CHERB), a gaming company with operations in gaming, entertainment and media, reported on Thursday profit of SEK91m, or diluted EPS of SEK0.76, for the second quarter of 2018.

This was an increase over profit of SEK15m, or diluted EPS of SEK0.03, in Q2 2017.

Group revenues for the quarter were up by 41% to SEK753m, as compared with SEK536m in Q2 2017. Organic revenues growth for the quarter amounted to 39%.

Cherry operates through the five diversified business areas of Online Gaming, Game Development, Online Marketing, Gaming Technology and Restaurant Casino.

(EUR1.00=SEK10.46)

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