Brief: Media And Games Invest Expects Growing Revenues And Earnings In Gaming Sector In 2020

Mgi Media and Games Invest Se

20/03/2020 08:43

March 20 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * WELL PREPARED FOR THE CRISIS; OPERATING GAMING BUSINESS IN
STRONG POSITION TO COPE WITH HIGH PLAYER NUMBERS
    * MEDIA AND DIGITAL ADVERTISING: GROWTH FORECAST REMAINS
POSITIVE
    * EXPECTS A FURTHER SIGNIFICANT GROWTH IN SALES IN MEDIA AND
ADVERTISING BUSINESS FOR 2020 COMPARED TO 2019
    * EXPECT GROWING REVENUES AND EARNINGS IN GAMING SECTOR
BASED ON
EXPERIENCE OF COMPETITORS FROM CHINA
    * CUSTOMER ACQUISITION IS BEING INTENSIFIED AND MARKETING
BUDGETS
FOR GAMIGO GAMES ARE BEING INCREASED
    * IT IS STILL TOO EARLY TO FORECAST A CONCRETE IMPACT ON
REVENUES
AND EARNINGS FROM CORONA CRISIS
    * TECHNICALLY BEST EQUIPPED TO CONTINUE TO ENABLE CLOSE
CUSTOMER
CONTACT AND PROVIDE PRODUCTS AND SERVICES IN USUAL QUALITY

Source text for Eikon:  ID:nEQ8hW2CKa 
Further company coverage:  M8G.DE 

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