Brief: Hugo Games Q1 EBITDA ex. items loss widens to DKK 3.3 million

5Th Planet Games A/S

27/05/2016 07:05

May 27 (Reuters) - Hugo Games A/S  HUGOG.OL : 
    * Q1 revenue 0.8 million Danish crowns ($120,426) versus 0.9 million crowns year ago 
    * Q1 EBITDA before special items was loss of 3.3 million crowns versus loss 0.8 million 
crowns year ago in q1 2015 
    * Says original forecast of EBITDA loss of 2.9 million was exceeded because of completion 
delays and higher marketing expenses for newly launched games 
    * Retains its guidance for full year 2016 - expects gross profit in range of 20 million - 25 
million crowns and EBITDA before special items in range of 3 million - 7 million crowns 
    * Has decided to carry out a capital increase in July 2016 
 
Source text for Eikon:  ID:nObixtjj5a  
Further company coverage:  HUGOG.OL  
 
($1 = 6.6431 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))