Brief: Digital Bros H1 net profit jumps to 7.4 mln euros

Digital Bros SpA

01/03/2017 07:34

March 1 (Reuters) - Digital Bros SpA  DIB.MI : 
    * Reported on Tuesday H1 (semester ended Dec. 31, 2016) net 
revenue of 61.7 million euros versus 42.9 million euros a year 
ago 
    * H1 net profit 7.4 million euros versus 1.2 million euros a 
year ago 
    * The launch of video game Assetto Corsa and the revenue 
stream from sales of video game Rocket League were crucial for 
the positive performance in H1 
    * The outlook at consolidated level is more optimistic than 
the one previously disclosed, with an expectation of turnover 
growth and an improvement in the forecasted profit by the end of 
FY 2016/2017 
    * Net cash/debt will be affected by the net working capital 
investment needed for the international publishing of retail 
products, particularly in the last quarter of FY 2016/2017 
 
     
 Source text: www.1info.it 
     
 Further company coverage:  DIB.MI   
    
 
 
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