US/UK/Canada

Share

About Us

Cherry is an innovative and fast-growing company within gaming, entertainment and media. Established in 1963, today Cherry operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. Bridgepoint Europe VI Fund is the principle owner of Cherry AB. More information is available at www.cherry.se

Links

Quotes

ComeOn continues to deliver strong results while investing in innovation and technology.
Lahcene Merzoug, CEO of ComeOn
Pick a time period -
Tags ( Active)

Highlight Games announces virtual sports contract with Italy’s Lottomatica

The gaming specialist Highlight Games, a Cherry AB (publ) – STO: CHER-B.ST subsidiary, today announces that it has entered into a multi-year agreement with Lottomatica Scommesse S.r.l. (“Lottomatica”) for Lottomatica to deploy Highlight Games’ Soccerbet™ virtual sports products in Italy.Under the agreement, the parties will launch Highlight Games’ products into the Lottomatica retail estate under the branding Soccerbet™ LEGENDS FOOTBALL and Soccerbet™ LEGENDS LEAGUE. The products will also be available on Lottomatica’s online and mobile channels.  Soccerbet™ Single Match and League

New date for the Annual General Meeting of Cherry AB

The Board of Directors of Cherry AB (publ) – STO: CHER-B.ST – announces that the company has resolved that the new date for the company’s 2019 Annual General Meeting (“AGM”) is 18 June 2019.Previously scheduled date for the AGM was: 28 May 2019. For further information, please contact:Anders Antonsson, IR & Communications: +46 709 994 970, anders.antonsson@cherry.se  The information was submitted for publication on 2 May 2019, at 6:00 p.m. CET. CHERRY IN BRIEF Cherry is an innovative and fast-growing gaming company with operations in gaming, entertainment and media. The

Application for delisting of Cherry AB (publ) approved

Nasdaq Stockholm has decided that Cherry AB – STO: CHER-B.ST – will be delisted from Nasdaq Stockholm. The last day of trading in the Cherry share, series B will be Tuesday, 7 May 2019.As previously announced, the Board of Cherry AB has applied delisting of the Cherry share, series B, from Nasdaq Stockholm. Nasdaq Stockholm has approved the application and the last day of trading in the company’s shares will be Tuesday, 7 May 2019. For further information, please contact:Anders Antonsson, IR & Communications: +46 709 994 970, anders.antonsson@cherry.se  The information was submitted

Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry AB

European Entertainment Intressenter Bidco AB (“EE Intressenter) has announced that the company owns more than 90 percent of the shares in Cherry AB (publ) – STO: CHER-B.ST. The Board of Cherry AB has received a call for redemption proceeding of the minority shares as well as outstanding warrants from EE Intressenter.In addition, the Board of Cherry AB (publ) has today resolved to apply for delisting of the Cherry share, series B, from Nasdaq Stockholm. The last day of trading in the company’s shares on Nasdaq Stockholm will be announced as soon as the company has received the confirmation

New date for the Annual General Meeting of Cherry AB

The Board of Directors of Cherry AB (publ) – STO: CHER-B.ST – announces that the company has resolved that the new date for the company’s 2019 Annual General Meeting (“AGM”) is 28 May 2019.Previously scheduled date for the AGM was: 9 May 2019.  For further information, please contact:Anders Antonsson, IR & Communications: +46 709 994 970, anders.antonsson@cherry.se  The information was submitted for publication on 9 April 2019, at 3:00 p.m. CET. CHERRY IN BRIEF Cherry is an innovative and fast-growing gaming company with operations in gaming, entertainment and media. The

Report from the Extraordinary General Meeting of Cherry AB (publ) on 27 March 2019

At the extraordinary general meeting of Cherry AB (publ), reg. no 556210-9909 on 27 March 2019, the following resolutions were, among others, adopted.Resolution on composition of the board of directors The extraordinary general meeting resolved in accordance with European Entertainment Intressenter BidCo AB’s proposal that the board of directors shall consist of four board members without deputies and to elect Mikael Lövgren, Mika Herold and Christopher Bley as board members. The board members Gunnar Lind, Johan Moazed and Rolf Åkerlind resigned. Morten Klein was elected chairman of the

Cherry publishes Annual Report for 2018

Cherry AB (publ) – STO: CHER-B.ST – has published its Swedish version of the Annual report for 2018. The document includes Cherry’s Sustainability Report and Corporate Governance report and is from today available on the Groups website, www.cherry.se, under the tab Investors. An English version is expected to be published on or about 5 April 2019.For further information, please contact:Anders Antonsson, IR & Communications: +46 709 994 970, anders.antonsson@cherry.se  This information is information that Cherry AB is obliged to make public pursuant to the Securities Markets Act. The

Cherry advances release of 2018 Annual Report and updates financial calendar

The Board of Directors of Cherry AB (publ) – STO: CHER-B.ST – has resolved to update the company’s financial calendar as follows:2018 Annual Report: 26 March 2019 (previously scheduled in the week commencing 8 April 2019) 2019 Annual General Meeting: 9 May 2019 in Stockholm, Sweden (date as previously scheduled) Interim report January–mars 2019: 28 May 2019 (previously scheduled for 7 May 2019) For further information, please contact:Anders Antonsson, IR & Communications: +46 709 994 970, anders.antonsson@cherry.se  The information was submitted for publication on 22 March

ComeOn recruits Hampus Eriksson as CPO (Chief Product Officer)

Gaming operator ComeOn, a subsidiary of Cherry AB (publ) – STO:CHER-B.ST – is strengthening its management team by recruiting Hampus Eriksson as CPO (Chief Product Officer).Hampus joins ComeOn from game supplier NetEnt, where he worked as Director of Product & Services. Hampus has an extensive background with solid experience from both marketing and product-related managerial roles in the iGaming industry.   “I have followed ComeOn’s journey for several years and am impressed with how well they have succeeded with their brands in highly competitive markets. At the same time, I perceive

Cherry has called on the option to acquire an additional 5 percent of the shares in Almor

Cherry AB (publ) – STO: CHER-B.ST, has resolved to call on the option to acquire addition 5 percent of the shares in the Maltese company Almor Holding Limited (Almor). The company is an operator of onlince casino and sportsbook in primarily German-speaking countries. Following the acquisition Cherry will own 95.0 percent of the shares in Almor.Following continued favourable development of Almor’s group of brands, Cherry has resolved to call on the option to acquire additional 5 percent of the shares in the company. The purchase price for Almor Holding Limited will, according to the

Correction of notice of redemption of senior secured callable bonds

Cherry AB (publ) – STO: CHER-B.ST – gave notice of redemption of Cherry’s outstanding bond loan with ISIN SE0008321616 on 12 February 2019. Today, Cherry gives notice of correction of said notice.The redemption will be carried out on 15 March 2019 as a combination of a voluntary partial redemption and a voluntary total redemption. In the notice of redemption published on 12 February 2019, it was stated that the amounts to be paid for the partial and total redemptions would be paid in aggregate in an amount corresponding to 103.0925 per cent of the outstanding nominal amount of each bond.

Notice of Extraordinary General Meeting in Cherry AB (publ) on 27 March 2019

At the request of European Entertainment Intressenter BidCo AB (“EE Intressenter”), which after completion of the public takeover offer to the shareholders of Cherry AB (publ), reg. no. 556210-9909, (“Cherry” or the “Company”) holds more than 80 percent of the total number of shares and votes in Cherry, the shareholders of Cherry are hereby invited to the Extraordinary General Meeting on Wednesday 27 March 2019, at 10:00 a.m. CET, at Advokatfirman Delphi, Mäster Samuelsgatan 17 in Stockholm, Sweden. Registration for the meeting will commence at 09:30 a.m. CET.Right to participate

Yggdrasil goes live with 888

The games portfolio of innovative gaming solutions provider Yggdrasil, a Cherry AB subsidiary, is now live with 888 Casino, one of the world’s most popular online casino operators. Following a successful integration, 888 customers have access to Yggdrasil’s award-winning portfolio of casino slots, including the blockbuster Vikings series and latest releases Cazino Cosmos and Champions of Rome.Yggdrasil’s games are currently live with 888 in the UK and Denmark and will soon also be available in Sweden. In addition, the operator can now utilise Yggdrasil’s range of complementary in-game

Year-end report 2018

An eventful year with continued good development in the final quarterFOURTH QUARTER • Consolidated revenue increased by 49 percent to MSEK 904 (608), with organic revenue growth amounting to 41 percentage points. Corporate acquisitions contributed 0.5 percentage point and currency 7.5 percentage points.• Profitability improved and EBITDA increased by 40 percent to MSEK 198 (141) and the EBITDA margin was 22 percent (23).• Profit for the period amounted to MSEK 120 (18).• Earnings per share before and after dilution amounted to SEK 1.14 (0.05) and SEK 1.14 (0.05) respectively.•

Cherry initiates early redemption of senior secured callable bonds

Cherry AB (publ) – STO: CHER-B.ST – gives notice of redemption of Cherry’s outstanding bond loan with ISIN SE0008321616.The redemption will be carried out on 15 March 2019 as a combination of a voluntary partial redemption and a voluntary total redemption. The amounts to be paid for the partial and total redemptions will be paid in aggregate in an amount corresponding to 103.0925 per cent of the outstanding nominal amount of each bond to each person registered as an owner of bonds in the debt registered (Sw. skuldbok) maintained by Euroclear Sweden AB at the end of business on 8 March 2019.

Highlight Games enters into agreement with Italian gaming operator Sisal Entertainment

The gaming specialist Highlight Games, a Cherry AB (publ) – STO: CHER-B.ST subsidiary, has entered into a multi-year agreement with Sisal Entertainment S.p.A (“Sisal”) for Sisal to deploy Highlight Games’ Soccerbet™ virtual sports games in Italy.Under the agreement the parties will launch the Highlight Games products into the Sisal Matchpoint retail estate. The games will also be available in the online and mobile environments, starting with Soccerbet™ Single Match and League versions. The games are based on Highlight Games’ exclusively licensed football product, that features archive

Highlight Games football virtual sports launching with Eurobet in Italy

The gaming specialist Highlight Games, a Cherry AB (publ) – STO: CHER-B.ST subsidiary, will launch with its ground-breaking virtual sports games Soccerbet™ in the Eurobet Italia Srl (“Eurobet”) retail estate in Italy before the end of February.Highlight Games Soccerbet™ Single Match and League football products will be launched into Eurobet’s 720 retail venues across the whole of Italy. The games will also be made available in the online and mobile environments. The games are based on Highlight Games’ exclusively licensed football product, that features archive footage from the Serie A

Yggdrasil agrees slots content deal with GVC’s Ladbrokes, Coral and Gala brands

The game development company Yggdrasil, a Cherry AB (publ) – STO: CHER-B.ST – subsidiary, agrees casino slots content deal with some of the largest betting and gaming brands in the United Kingdom.Yggdrasil has finalised a deal with, GVC Holdings, the owner of the Ladbrokes, Coral and Gala brands, to provide the brands with its market leading casino slots gaming content. With their online presence and network of betting shops, Ladbrokes and Coral are two of the UK’s leading betting and gaming brands, while Gala is a leader on the UK bingo market. Together they make GVC the UK’s largest

Game Lounge enters strategic partnership with Schibsted and Aftonbladet

Leading affiliate company Game Lounge, a subsidiary of Cherry AB (publ) – STO: CHER-B.ST – has today signed an agreement with Sweden’s largest media site, Aftonbladet. The deal provides Game Lounge with an additional marketing channel to market, operate and manage customer contacts to the casino sites holding Swedish licences, opening for gaming as of 1 January 2019.The agreement includes Game Lounge delivering a comparison site for casino and betting with related content and technology solutions and it represents an important factor in achieving the profit level indicated in connection

Cherry has been granted eight gaming licenses for online gaming and betting

Cherry AB (publ) – STO: CHER-B.ST – has today received confirmation that all of its licence applications for online gaming and betting have been approved by the Swedish Gambling Authority. Effective from 1 January 2019, eight brands within the Online Gaming business area will be able to offer games and betting in the Swedish market.“Although, the license applications have involved a considerable amount of work, we are convinced that the Swedish regulations provide better conditions for gaming operators, our customers as well as for us as a company and therefore also for our shareholders.

Statement by the Independent Bid Committee of Cherry AB (publ) in relation to the public offer from European Entertainment Intressenter BidCo AB

The Independent Bid Committee of Cherry AB (publ) (“Cherry” or the “Company”) – STO: CHER-B.ST – recommends the shareholders to accept the public offer of SEK 87 in cash per share of series A and B in Cherry submitted by European Entertainment Intressenter BidCo AB[1] (”EE Intressenter” or the “Offeror”).This statement is made by the Independent Bid Committee[2] of Cherry pursuant to Rule II.19 of the Nasdaq Stockholm Takeover Rules (the “Takeover Rules”). BackgroundEE Intressenter, a company jointly controlled by a consortium consisting of Bridgepoint Advisers Limited acting as

Report from the Extraordinary General Meeting of Cherry AB (publ) on 21 November 2018

At the extraordinary general meeting of Cherry AB (publ), corporate identity no. 556210-9909 (the “Company”) on 21 November 2018, the following resolutions were adopted. The board of directors’ complete proposals have previously been published and are available in Swedish on the Company’s website, www.cherry.se, under the section General Meeting .Resolution on election of a new board member of the CompanyIt was resolved, in accordance with the nomination committee’s proposal, to elect Rolf Åkerlind as a new board member, that

Interim report January-September 2018

All business areas strengthen positionsTHIRD QUARTER• Group revenue increased by 58 percent to MSEK 899 (567), with organic revenue growth amounting to 46 percentages. Acquisitions contributed 1 percentage and currency 12 percentages points.• Profitability improved, and EBITDA increased by 130 percent to MSEK 258 (112) and the EBITDA margin was 29 percent (20).• Profit for the period amounted to MSEK 188 (42). EBIT was affected positively by an item affecting comparability of MSEK 57, following the revaluation of the previously owned holding in Highlight Games.• Earnings per share

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Media