Stillfront: Casual is the new King
Stillfront delivered as expected a strong quarter. However, as we wrote before the stock market opened the Stillfront-stock was punished due to a result in-line with estimates. The stock is still up approximately 20% since the trading update for April and May to set things more into perspective. We expect that the product area “Casual Mash-Up” will be the growth driver in the upcoming quarters with games from Storm8 as the brightest star.
We raise our valuation somewhat.