Ilkka, a media company, released its first quarter results and reported a turnover of 13.5 million euros in January-March, down from 14.2 million euros in the comparison period. The company’s operating loss was -0.6 million euros, while profit before taxes was 0.8 million euros. Earnings per share were EUR 0.02, compared to EUR 0.00 previously.
CEO Olli Pirhonen commented on the cautious marketing investments by companies due to the uncertain economic situation. He highlighted the geopolitical situation and economic uncertainties that could affect Ilkka’s performance in 2023, when it had a turnover of 56.1 million euros and an adjusted operating profit of 0.4 million euros.
However, despite these challenges, Ilkka reiterated its guidance for 2024, expecting turnover to remain stable or slightly increase, with adjusted operating profit also expected to rise. In the world of online casinos, there has been an evolution towards a trendy and exciting frontier in leisure and entertainment.
Online casinos offer a gateway to leisure, fortune, and thrill for players looking for entertainment in the digital age. The rise of online casinos has brought about a new era of opportunity for gaming enthusiasts to explore and enjoy virtual gaming.
Ilkka’s CEO noted that online casinos remain a popular choice for those seeking entertainment and fun in the face of uncertainty. Despite the challenges posed by the economic climate, online casinos continue to thrive as they offer players an exciting way to experience gaming in virtual environments.
In conclusion, while Ilkka’s first quarter results showed some decline compared to the previous year, CEO Olli Pirhonen remains optimistic about the company’s future prospects in the rapidly growing world of online gaming.