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Nektan updates market with strong growth

Nektan updates market with strong growth

 

Nektan plc (AIM: NKTN), a leading international B2B gaming solutions and services provider, provides a trading and business update for the three months ended 31 December 2017 (Q2 FY18).

Nektan continued to deliver strong growth in Q2 FY18 compared to Q1 FY18 and Q2 FY17, with Net Gaming Revenue in the quarter increasing by 21.9% versus the previous quarter and 41.6% versus the same period last year.

Gary Shaw, Interim Chief Executive Officer of Nektan, said:

“Our core European business continued to progress as expected in Q2 FY18 with a number of further launches planned in Q3 FY18. Our strategy to move into B2B is paying off with initial revenue generated by the Company. We look forward to announcing further positive updates across Nektan’s business over the next few months, including on our platform deal with Tyche and our US business.”

For the full update click here