“Intensified focus on cost control and effective marketing resulted in a 10.5% improvement in EBITDA”
Mr Green results all headed in the right direction
Online casino operator Mr Green reported continued second quarter growth last week. To see the highlights, read the full post.
2015-08-17
Reading time 26 seg
Online casino operator Mr Green reported continued second quarter growth last week. To see the highlights, read the full post.
Highlights:
* Game win up 20.7 percent year-on-year to SEK 194.8 million (161.4);
* EBITDA for the second quarter up 10.5 percent at SEK 42.5 million (38.5);
* EBIT for the second quarter at SEK 25.0 million (25.5).
The company reported that it has secured licensing in the United Kingdom following a similar initiative in Italy.
Per Norman, CEO Mr Green & Co AB, said in a statement: ”Mr Green continued to outgrow the market, while an intensified focus on cost control and more effective marketing also resulted in a 10.5 percent improvement in EBITDA.”
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