Brief: Digital Bros H1 Net Revenue Down 30.8 Pct At EUR 40.7 Mln

Digital Bros SpA

01/03/2018 09:40

March 1 (Reuters) - DIGITAL BROS SPA  DIB.MI :
    * REPORTED ON WEDNESDAY H1 NET REVENUE OF EUR 40.7 MLN
VERSUS EUR
58.8 MLN YEAR AGO
    * H1 NET RESULT EUR 18,000 VERSUS EUR 7.4 MLN YEAR AGO
    * EXPECTS GROSS REVENUE FOR FISCAL YEAR ENDING ON JUNE 30,
2019,
BETWEEN EUR 145 MLN AND EUR 190 MLN 
    * TO FOCUS ON PREPARATION FOR RELEASE OF PRODUCTIONS UNDER
DEVELOPMENT WHOSE LAUNCH IS EXPECTED IN NEXT FISCAL YEAR
    * EXPECTS REVENUES IN THE PREMIUM GAMES OPERATING SEGMENT TO
DECREASE TEMPORARILY AND START GROWING AGAIN IN QUITE A
SIGNIFICANT WAY THE FOLLOWING FISCAL YEAR
    * EXPECTS FOR ALL OTHER OPERATING SEGMENTS INCREASING
REVENUES
EVEN WITHOUT NEW LAUNCHES
    * DOES NOT EXPECT GROWTH IN OTHER OPERATING SEGMENTS TO
BALANCE
THE TEMPORARY LOSS OF REVENUES OF THE PREMIUM GAMES UNIT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2GNzP8
    
 Further company coverage:  DIB.MI  
   

 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))