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EVO Evolution AB (publ) News Story

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Brief: Evolution Q2 EBITDA At EUR 345.3 Million

July 17 (Reuters) - Evolution AB (publ) EVOG.ST:

Q2 NET REVENUES INCREASED BY 3.1% TO EUR 524.3 MILLION (508.4)

Q2 EBITDA AMOUNTED TO EUR 345.3 MILLION (345.8), CORRESPONDING TO A MARGIN OF 65.9% (68.0)

Q2 PROFIT FOR PERIOD AMOUNTED TO EUR 248.3 MILLION (269.1)

CONTINUE TO ADDRESS ONGOING ISSUES WITH CYBERCRIME AND HIJACKING OF OUR VIDEO STREAMS IN ASIA

IN EUROPE WE REPORT ANOTHER QUARTER WITH NEGATIVE GROWTH COMPARED BOTH YEAR-ON-YEAR AND QUARTER-ON-QUARTER

NORTH AMERICA MAINTAINS VERY GOOD MOMENTUM

BELIEF THAT SECOND HALF OF YEAR WILL BE STRONGER REMAINS

KEEP OUR FULL-YEAR ESTIMATE OF AN EBITDA MARGIN OF 66-68 PERCENT.

Source text: ID:nWkr8QJxfb

Further company coverage: EVOG.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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