Gamesys Group’s FY20 results are ahead of expectations, rounding off a year of persistent upgrades. There was strong revenue growth in most geographies driven by organic growth and new product launches. The company continues to demonstrate strong cash conversion, leading to a significant improvement in the year-end financial position, which helped to fund a better than expected final dividend. FY21 has had a ‘very good start’ but we note that comparatives become more difficult as we move into Q2 ....
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Gamesys Group - Ahead of recent guidance
- Published:
09 Mar 2021 -
Author:
Russell Pointon -
Pages:
3
Gamesys Group’s FY20 results are ahead of expectations, rounding off a year of persistent upgrades. There was strong revenue growth in most geographies driven by organic growth and new product launches. The company continues to demonstrate strong cash conversion, leading to a significant improvement in the year-end financial position, which helped to fund a better than expected final dividend. FY21 has had a ‘very good start’ but we note that comparatives become more difficult as we move into Q2 ....