Tag Archives: NetEnt AB

NetEnt AB confirms job cuts at Stockholm home office

The governance of industry games developer NetEnt AB has confirmed that it has undertaken its first organizational streamline, which has resulted in job-losses of 55 positions within its Stockholm headquarters.    The Stockholm-listed enterprise released a statement, outlining that it has taken action to ‘optimise its operations’ with a viewing of enhancing its game production output. The restructuring of NetEnt’s …

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NetEnt tests affiliate marketing capabilities

Stockholm-listed industry games developer NetEnt AB has announced the beta-launch of its new affiliate business. Updating the market, the games developer will launch an open ‘games section’ on its www.netent.com website, allowing visitors to free-play on all of its active games portfolio. The games section will allow NetEnt partners such as LeoVegas, Casumo, Cashmio and ComeOn to promote real-money incentives and …

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New vision… NetEnt AB promotes Therese Hillman to Group CEO

The governance of Stockholm-listed industry games developer NetEnt AB, has this morning confirmed the promotion of Therese Hillman as new Group Chief Executive Officer. Since March 2018, Hillman has served as ‘acting CEO’ of NetEnt’s group enterprise, following the departure of former incumbent Per Eriksson. A leadership executive in sports, media and finance, Hillman has formerly served NetEnt AB as …

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Tougher regulatory requirements see NetEnt report Q4 2017 revenue & earnings lag

Publishing a corporate update, Stockholm-listed industry games developer NetEnt has detailed that its Q4 2017 results (period ending 31 December) will ‘lag behind market forecasts’. Updating stakeholders, NetEnt governance expects to deliver Q4 2017 corporate revenues of SEK 419 million (Q4 target: SEK 447 million), combined with a period EBIT of circa SEK 150 million (Q4 target: SEK 170 million). …

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Regulated market expansion sees NetEnt deliver H1 solid growth & profits

Publishing its H1 2017 interim trading results (period ending 31 June), Stockholm-listed industry content and games developer NetEnt has detailed a strong commercial momentum, recording growth across its core metrics. Updating investors, NetEnt governance stated that H1 had delivered ‘solid growth’ for its verticals, with the company hitting H1 revenues of SEK 805 million, up 15% on corresponding H1 2016’s SEK …

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Strengthened commercial pipeline helps NetEnt deliver 43% H1 2016 profit boost

Governance of Stockholm-listed NetEnt AB (NetEnt) are positive of meeting all 2016 corporate expectations, following the closure of a successful Q2 2016, in-which the company published operating profits of SEK 122 million (£11 million), up 32% on Q2 2015’s SEK 92 million. Boosted by securing twelve new customer agreements during the period, NetEnt saw its Q2 corporate revenues reach SEK …

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