LeoVegas Q3 revenues soar 40% on strong organic growth

Operator’s revenues also benefit from acquisition, while organic revenues climb 30% year-on-year

LeoVegas this morning reported a 40% year-on-year rise in Q3 2017 revenues, driven by strong growth in Denmark and the acquisition of its Italy-facing Winga business. The Stockholm-listed operator recorded revenues of €55.6m in the three-month period, up from €39.7m in the corresponding period last year, with organic growth of 33%. However, adjusted EBITDA fell…

Finance | Gustaf Hagman | LeoVegas | Royal Panda