Stockholm-listed European gambling operator Cherry AB has declared a strong opening to its 2016 performance reporting an 86% group revenue uplift to SEK 177 million (Q1 2015: SEK 95 million). Updating the market on its Q1 2016 performance (period ending 31 March), Cherry would declare growth across all top-line metrics, as the company improved EBITDA considerably to SEK 25 Million …
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Online assets help Cherry AB return to black in 2015
Stockholm listed gambling operator, Cherry Gaming AB has returned to full year (2015) positive EBITDA recording group earnings of SEK 35.9 million (£3 million). The operator continues its strong online performance, which contributed 69% of 2015’s FY SEK 528 million (£43 million) group revenues, up 56% on 2014’s SEK 340 million (£28 million). The results presented by Cherry governance, represent …
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