Brief: Hugo Games H1 EBITDA loss widens to DKK 8.8 mln

5Th Planet Games A/S

26/09/2017 06:40

Sept 26 (Reuters) - HUGO GAMES A/S  HUGOG.OL  
    * H1 EBITDA LOSS DKK 8.8 MILLION VERSUS LOSS DKK 6.3 
MILLION YEAR AGO 
    * EXPECTS TO REACH A POSITIVE EBITDA PROFIT BY JULY 2018 
    * H1 REVENUE DKK 1.8  MILLION VERSUS DKK 2.1 MILLION YEAR 
AGO 
    * DUE TO LONGER-THAN-EXPECTED GAMES DEVELOPMENT PERIOD, 
2017 WILL BE A DEVELOPMENT YEAR, LAUNCH PAD FOR 3 RELEASES IN 
2018 
 
Source text for Eikon:  ID:nObiJMHD1a  
Further company coverage:  HUGOG.OL  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))