Danske Spil profits slide on major IT investment

Full-year group EBITDA down 5%, although firm still exceeds 2017 financial expectations

Danish monopoly operator Danske Spil has reported a 5% year-on-year fall in group EBITDA to DKK 2.1bn (£254m) due to a rise in staff costs and major IT investments. The operator recorded flat revenues of DKK 4.9bn (£583.5m) for 2017 following a year of investment and product improvements. In Danske Spil’s full-year results, CEO Susanne…

Danske Licens Spil | Danske Spil | Denmark | Finance