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Onsdag 28 Oktober | 21:07:10 Europe / Stockholm

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G5 Entertainment - Lowered near-term growth assumptions

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G5 Entertainment - Lowered near-term growth assumptions

2024-02-09 08:29:00

G5 reported weaker than expected growth in Q4 2023 and while recent and upcoming game launches support gradually improving topline, we have lowered our near-term growth assumptions. Although the company’s announced cost optimizations mitigate the impact of a lower topline to some extent, we have reduced our EBIT estimates by c14-18% for 2024-25E.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/