Brief: Paradox Interactive Q2 Oper Profit Down At SEK 111.4 Mln

Paradox Interactive AB (publ)

10/08/2021 07:18

Aug 10 (Reuters) - Paradox Interactive AB (publ)  PDXI.ST :
    * Q2 REVENUES AMOUNTED TO MSEK 403.0 (MSEK 464.9), A
DECREASE BY
13% COMPARED TO SAME PERIOD LAST YEAR.
    * Q2 OPERATING PROFIT AMOUNTED TO MSEK 111.4 (MSEK 199.0), A
DECREASE BY 44% COMPARED TO SAME PERIOD LAST YEAR.
    * Q2 PROFIT AFTER FINANCIAL ITEMS AMOUNTED TO MSEK 110.3
(MSEK
197.7)
    * Q2 PROFIT AFTER TAX AMOUNTED TO MSEK 88.3 (MSEK 154.5).
    * Q2  REV AND PROFIT AFFECTED BY WEAKENING OF USD AND OTHER
MAJOR
CURRENCIES AGAINST SEK FROM Q2 2020
    * Q2  PROFIT IS ALSO AFFECTED BY CANCELLATION OF UNANNOUNCED
EXTERNALLY DEVELOPED PROJECT
    * IN CONNECTION WITH CANCELLATION HAS WRITTEN DOWN VALUE OF
GAME
WHICH BURDENS PROFIT BEFORE TAX BY 42 MSEK 

Source text for Eikon:  ID:nWkr6VvmgR 
Further company coverage:  PDXI.ST 

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