Global Gaming 555: Q1 below expectations
Global Gaming announced its preliminary sales and EBIT for Q1’19 earlier this week. The sales came in 6% below estimates (SEK 173m, estimated SEK 163m). The loss was 43% larger than estimated (SEK -45m, estimated SEK -32m). Moreover, we have received new gaming tax data for the Swedish market.
As a result, of the preliminary figures and the tax data, we have updated our estimates.