Umeå, Sweden. Aug 1st, 2012
Swedish game developer, publisher & operator Stillfront Group posts a very strong Q2 financial report, EBITDA reaching 20%.
Stillfront’s first half of 2012 continued to proof the group’s strong development, previously already reporting at above industry average margins, Stillfront has further improved the EBITDA by another 2% to reach a total of 20%.
‘We are very happy to announce that we can continue developing strong titles with high margins, further strengthening and improving our product mix going forward.’
says CEO & Founder of Stillfront Group Jörgen Larsson.
About Stillfront Group
Stillfront Group´s Business concept is to develop, publish and operate online social games, console/handheld games and digital entertainment. The company has offices in Uppsala, Umeå Sweden and Hong Kong, China with more than 25 full-time employees. Stillfront Group’s online gaming branch is a pioneer online game developer specializing in creating Fan Immersion Games based on high profile IPs. Online activities also include social gaming community sites and MMO development. The console branch of the company Coldwood is producing blockbuster titles to the PS3, PC and Xbox platforms, with Publishers like Sony Entertainment.
For more information, please contact:
Jörgen Larsson
CEO and Founder of Stillfront Group
jorgen.larsson@stillfront.com
Phone: +46 (0)70 321 18 00