Brief: Hugo Games FY EBIT loss widens to DKK 34 mln, 2016 outlook cut

5Th Planet Games A/S

05/04/2016 11:11

April 5 (Reuters) - Hugo Games A/S  HUGOG.OL : 
    * Reported on Monday FY revenue of 3.2 million Danish crowns ($503,632) versus 6.3 million 
crowns year ago 
    * FY EBIT loss 33.9 million crowns versus loss 4.7 million crowns year ago 
    * Says has adjusted Hugo Games marketing strategy 
    * Lowers 2016 revenue guidance to 20 million - 25 million crowns from 35 million - 43 
million crowns 
    * Adjusts 2016 guidance on operating result before special items to 3 million - 7 million 
crowns from 5 million - 12 million crowns 
    * Says in 2016 is turning an operational loss (EBITDA) in 2015 into an operational profit  
 
     
  
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiP4dDta 
     
 Further company coverage:  HUGOG.OL   
    
 
 
 
($1 = 6.5524 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))