BRIEF-Lotto24 Q1 net loss shrinks to EUR 0.9 mln | Reuters

BRIEF-Lotto24 Q1 net loss shrinks to EUR 0.9 mln | Reuters

  • Successful first quarter of 2016 with high new customer figures and significantly reduced acquisition costs
  • In Q1 with 4.4 million euros ($5.01 million), revenues exceeded prior-year figure of 2.4 million euros by 85 pct
  • Q1 EBIT improved to -2.1 million euros (prior year: -3.0 million euros) and net result for period amounted to -0.9 million euros (prior year: -2.6 million euros)
  • Initial FY guidance, published in January 2016, will remain unchanged and reviewed again in course of publication of its half-yearly financial report Source text for Eikon: Further company coverage: ($1 = 0.8774 euros) (Gdynia Newsroom)

Source: BRIEF-Lotto24 Q1 net loss shrinks to EUR 0.9 mln | Reuters