Brief: Paradox Interactive AB Says Cancels Unannounced Projects To Focus Game Development Pipeline, Writes Down -135 Msek
Sept 30 (Reuters) - Paradox Interactive AB (publ) PDXI.ST :
* CANCELS UNANNOUNCED PROJECTS TO FOCUS GAME DEVELOPMENT
PIPELINE,
WRITES DOWN -135 MSEK
* HAS WRITTEN DOWN VALUE OF PROJECTS WHICH WILL IMPACT Q3
2021
PROFIT BEFORE TAX WITH -135 MSEK
* SINCE Q3 OF 2020 CANCELLED DEVELOPMENT OF UNANNOUNCED
PROJECTS
THAT AMOUNTS TO 265 MSEK IN WRITE-OFFS
Source text for Eikon: ID:nWkr363vhx
Further company coverage: PDXI.ST
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Paradox Interactive AB (publ)
See all newsSweden's Paradox Interactive Q3 revenue beats estimates on game catalogue sales
Brief: Paradox Interactive Q3 EBIT SEK 142 Million
Brief: Paradox Interactive Sells Playrion To Trophy Games
Brief: Trophy Games Acquires Playrion Sasu, Upgrades 2026 Guidance
Brief: Paradox Interactive Unit Announces Publishing Partnership With Blue Isle Studios