page contents Verification: 9ffcbb9dc8386bf9 Rovio reports strong sales of Angry Birds 2 despite decreased revenue – News Vire
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Rovio reports strong sales of Angry Birds 2 despite decreased revenue

Rovio Leisure, the Finnish studio at the back of the cell franchise Offended Birds, launched a monetary record detailing its fiscal yr ended March 31, 2018, noting an development on working gross sales which rose by means of 73 p.c year-over-year to €nine.6 million (~$11.three million).

Earnings lowered by means of zero.nine p.c to €65.7 million (~$77.five million) because of a decline in income from emblem licensing, however the corporate’s sport department grew quite, up zero.four p.c to €56.eight million (~$66.nine million). 

The corporate additionally spent much less on person acquisition within the first quarter, inflicting investments to drop from to €14.6 million (~$17.2 million). This accounts for 25.7 p.c of the video games department’s income, which is down 29 p.c from closing yr.

Rovio experiences that its first quarter was once in keeping with their expectancies, noting that Offended Birds 2 accomplished document revenues whilst Offended Birds Pals endured appearing secure efficiency. 

As for the long run, Rovio will focal point on proceeding building of its are living sport portfolio consistent with the Video games-as-a-Provider technique, successful person acquisition and building of latest video games, in addition to that specialize in achieving the 2019 liberate date for the sequel to the Offended Birds film, which hit theaters again in 2016. 

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