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2019-03-06

Stillfront: Redeye: Stillfront Group - User momentum will continue

Stillfront Group's report for the fourth quarter was strong all over
but especially within the Core Products. We believe that a trend
shift is now confirmed and that we will see a strong user development
during the begging of the year. Third-party grossing data indicates a
strong release for Strike of Nations, the global version of the
highly successful Nida Harb III from Babil Games. We have raised our
financial projections and valuation slightly. At about 10x EBIT 2019E
we view the valuation as attractive.
(https://www.redeye.se/articles/download-file/f5b7c00e-c2ab-3b98-9835-15d...)

Read more and download the research update by Kristoffer Lindström:
http://bit.ly/2EO7UYN

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

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https://news.cision.com/se/stillfront/r/redeye-stillfront-group--user-mo...

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