Rovio continues its growth path in first quarter of 2017
Rovio posted good first quarter 2017 results with 66.3 mEUR in revenue, a 94.4% year-on-year growth and 1.2% growth compared to Q4/2016. First quarter Earnings Before Interests and Taxes (EBIT) was 5.2 mEUR, a 4.3 mEUR improvement over the same period last year. Rovio´s Games Business Unit generated an impressive 56.6 mEUR in revenue (29.7 mEUR in Q1/2016) with EBIT increasing to 8.8 mEUR (5.7 mEUR in Q1/2016). “The Q1 results indicate that the positive trend from 2016 is continuing. We have become more focused and improved our efficiency, which further strengthens our ability to