Brief: Media And Games Invest H1 Revenues At EUR 56.6 Mln

Mgi Media and Games Invest Se

03/08/2020 12:56

Aug 3 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * WITH POSITIVE HALF-YEAR FIGURES 2020; INCREASE OF REVENUE
FORECAST 2020; PUBLICATION OF AN EBITDA FORECAST 2020
    * H1 REVENUES OF EUR 56.6 MILLION (H1 2019: EUR 28.6
MILLION)
    * H1 EBITDA OF EUR 11.6 MILLION (H1 2019: EUR 7.5 MILLION)
    * RAISES ITS REVENUE AND EARNINGS FORECAST FOR FINANCIAL
YEAR
2020. MGI NOW EXPECTS REVENUES IN RANGE OF EUR 115 TO 125
MILLION FOR 2020 FINANCIAL YEAR.
    * FOR FIRST TIME GIVES AN PROFIT FORECAST FOR 2020,
ACCORDING TO
WHICH MGI EXPECTS AN EBITDA OF BETWEEN 20 MILLION AND 23 MILLION
EUROS IN 2020

Source text for Eikon:  ID:nEQ1GHc59a 
Further company coverage:  M8G.DE 

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