Redeye: Increasingly attractive valuation in Cherry

The numbers for the second quarter of 2017 came in spot-on our estimates and we find that Cherry continues to focus on what is important; building long-term value. ComeOn! and the old Cherry iGaming could have been kept separately to boost short-term profits, but the company rather conduct the integration for better long-term results. A lowered guidance is, in our view, also an act in the best of interest for Cherry’s shareholders. Continue reading at: https://goo.gl/WsgkJY

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