Brief: Rovio Q2 Adjusted Operating Profit Falls To EUR 6.2 Million

Rovio Entertainment Oyj

12/08/2021 07:17

Aug 12 (Reuters) - Rovio Entertainment Oyj  ROVIO.HE :
    * REG-ROVIO ENTERTAINMENT CORP.: HALF-YEAR 2021 FINANCIAL
REPORT:
GAMES REVENUE GREW 6% IN COMPARABLE CURRENCIES IN THE SECOND
QUARTER
    * Q2 REVENUE EUR 68.8 MILLION VERSUS EUR 69.2 MILLION YEAR
AGO
    * Q2 ADJUSTED OPERATING PROFIT EUR 6.2 MILLION VERSUS EUR
13.8
MILLION YEAR AGO
    * Q2 GAMES REVENUE EUR 66.4 MILLION VERSUS EUR 66.9 MILLION
YEAR
AGO
    * Q2 USER ACQUISITION INVESTMENTS EUR 21.3 MILLION VERSUS
EUR 14.0
MILLION YEAR AGO
    * Q2 GAMES SEGMENT GROSS BOOKINGS EUR 66.6 MILLION VERSUS
EUR 67.7
MILLION YEAR AGO
    * 2021 OUTLOOK UNCHANGED
    * SUPERNATURAL CITY AND ANGRY BIRDS JOURNEY IN SOFT LAUNCH,
AND
THEIR DEVELOPMENT IS PROGRESSING AS EXPECTED
    * MAIN REVENUE DRIVERS WERE SMALL TOWN MURDERS (GLOBALLY
LAUNCHED
IN JUNE 2020) AND ANGRY BIRDS FRIENDS.
    * MADE DECISION TO CANCEL OUR 4X STRATEGY GAME HARDHEAD
SQUAD
WHICH WAS IN SOFT LAUNCH
    * WE HAVE NOT YET BEEN ABLE TO REACH A SCALE FITTING OUR
AMBITION
LEVEL

Source text for Eikon:  ID:nGNE49CY0Y 
Further company coverage:  ROVIO.HE 

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