Press releases

Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with Stillfront’s own shares of certain future earn-out payments relating to acquisitions.

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Regulatory

Jörgen Larsson leaves as CEO for Stillfront, Alexis Bonte appointed interim CEO

The Board of Directors of Stillfront Group AB (publ) (“Stillfront”) has initiated the recruitment process for a new CEO for Stillfront and appointed Alexis Bonte as interim CEO with immediate effect. Alexis Bonte has been with Stillfront since 2017, is a member of the executive management team, and most recently held the position of President Publishing and Business Acceleration.

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Regulatory

Stillfront expects lower EBITDAC in the third quarter 2024 mainly due to higher User Acquisition Costs

Stillfront expects to report EBITDAC of 385 MSEK for the third quarter 2024, which is lower than market expectations, mainly driven by User Acquisition Costs that were 33 MSEK higher in the third quarter 2024 compared to the third quarter 2023. In addition, Stillfront expects to report a strong free cash flow during the third quarter of 2024 of 298 MSEK.

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Regulatory

Stillfront förväntar sig lägre EBITDAC för tredje kvartalet 2024 främst på grund av högre kostnader för användaranskaffning

Stillfront förväntar sig att rapportera EBITDAC om 385 MSEK för det tredje kvartalet 2024, vilket är lägre än marknadens förväntningar, främst drivet av kostnader för användaranskaffning som var 33 MSEK högre under det tredje kvartalet 2024 jämfört med det tredje kvartalet 2023. Stillfront förväntas vidare rapportera ett starkt fritt kassaflöde för det tredje kvartalet 2024 om 298 MSEK.

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Regulatory

Stillfront to divide operations into three business areas, concentrates its game portfolio and estimating 200–250 MSEK in cost savings

Stillfront’s operations will be divided into three business areas and removes one layer in the group management structure to enhance growth, profitability and transparency. At the same time, Stillfront is increasing its focus on key franchises and addressing low performing games, which is a key lever to improve organic growth while also reducing costs. These optimization activities are estimated to be fully implemented by the fourth quarter of 2025 and are expected to then generate annual cost savings of 200 to 250 MSEK compared to annualized costs in the second quarter of 2024.

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Regulatory

Stillfront ska dela in sin verksamhet i tre affärsområden, koncentrerar sin spelportfölj och estimerar 200–250 MSEK i kostnadsbesparingar

Stillfront kommer att dela in sin verksamhet i tre affärsområden och tar bort ett lager i koncernledningsstrukturen för att förbättra tillväxt, lönsamhet och transparens. Samtidigt ökar Stillfront sitt fokus på nyckelfranchises och adresserar lågpresterande spel, vilket utgör en viktig drivkraft i att förbättra den organiska tillväxten och samtidigt minska kostnaderna. Ovan nämnda optimeringsåtgärder beräknas vara fullständigt implementerade under det fjärde kvartalet 2025 och förväntas då resultera i årliga kostnadsbesparingar om 200 till 250 MSEK jämfört med annualiserade kostnader för det andra kvartalet 2024.

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Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with Stillfront’s own shares of certain future earn-out payments relating to previous acquisitions.

Read more
Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with the company’s own shares of certain earn-out payments relating to previous acquisitions.

Read more
Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 11 May 2023, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with the company’s own shares of certain earn-out payments relating to previous acquisitions.

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Regulatory

Kallelse till årsstämma i Stillfront Group AB (publ)

Aktieägarna i Stillfront Group AB (publ), org.nr 556721-3078 (”Bolaget” eller ”Stillfront”), kallas härmed till årsstämma tisdagen den 14 maj 2024 klockan 16.00 i Mannheimer Swartlings lokaler på Norrlandsgatan 21 i Stockholm. Entrén till stämmolokalen öppnar klockan 15.30.

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Regulatory

Notice of Annual General Meeting in Stillfront Group AB (publ)

The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of the annual general meeting to be held on Tuesday, 14 May 2024 at 16.00 (CEST) at Mannheimer Swartling’s premises at Norrlandsgatan 21 in Stockholm, Sweden. The entrance to the meeting will open at 15.30 (CEST).

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