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COMPANY ANALYSIS - Cherry: Snowball Effect - Imminent?

Dokument   •   Maj 18, 2015 15:48 CEST

Cherry reported a Q1 which was in line with our estimates of 95.3 million kronor (estimate 97 million kronor). EBIT resulted in a loss of -8.9 million kronor (estimate: loss of -4.8 million). The negative EBIT was burdened by higher depreciation, marketing and other expenses. The online casino continued its strong performance achieving 58.3 million kronor (expected 57.9) ...
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