Rovio Returns to Profitable Growth - Seite 2

 

Rovio Group EBIT

 

17,5

 

-21,1

 

 

38,6

 

Games Division EBIT

 

29,6

 

4,0

 

 

25,6

 

Animation Division EBIT

 

-2,2

 

-13,1

 

 

10,9

 

Games division achieved very strong growth, while improving its profitability significantly

Rovio´s Games division made 159,0 mEUR in revenue (113,5 mEUR in 2015). Along with very strong revenue growth, Games division improved its profitability significantly. Earnings Before Interests and Taxes (EBIT) increased to 29,6 mEUR (4,0 mEUR in 2015) giving a profit margin (EBIT margin) of 19%.

The strong growth of Games division is based on extended life cycles and improved performance metrics of Rovio's key games. Rovio's best performing games in 2016 included Angry Birds 2, Angry Birds Friends and Angry Birds POP, all with increased revenues year on year.

Animation division increased its revenue and improved profitability

The gross revenue of Animation division was 31,3 mEUR (28,6 mEUR in 2015). Earnings Before Interests and Taxes (EBIT) of Animation division was -2,2 mEUR (-13,1 mEUR in 2015). The highlight of Rovio's Animation division in 2016 was the global release of The Angry Birds Movie hitting nearly $350 million at the worldwide box office. The Angry Birds Movie opened number one in 52 countries and was the third largest foreign animated movie in China ever. Most of the revenues related to the movie will be recognised in 2017 and 2018.