Rovio Returns to Profitable Growth

WASHINGTON, Mar 1, 2017 /PRNewswire/ -- Rovio Entertainment Oy has returned to profitable growth after a highly successful 2016, which saw a record performance in the company's Games division and a blockbuster release of The Angry Birds Movie. Gross revenue of Rovio grew by 34% to 190,3 mEUR, (142,1 mEUR in 2015). Earnings Before Interests and Taxes (EBIT) improved to 17,5 mEUR (-21,1 mEUR in 2015).

All figures in the table are reported in accordance with Finnish Accounting Standard. 2016 figures are preliminary.

 

Rovio Entertainment Group, mEUR	2016	2015	Change
Group Revenue	190,3	142,1	48,2
Games Division Revenue	159,0	113,5	45,5
Animation Division Revenue	31,3	28,6	2,7