Keywords Studios (GB:KWS) has released an update.
Keywords Studios, a key player in the gaming industry, is considering a revised cash offer from EQT Group to purchase its shares at 2,450 pence each, a proposal the Board is inclined to endorse. The firm’s current performance suggests an expected revenue increase of 7% in H1 despite some project deferrals, with a stronger outlook for H2 anticipating a 10% organic growth. Additionally, Keywords Studios has changed its presentational currency to US Dollar for greater transparency and reduced forex volatility, and is actively pursuing M&A opportunities with a recent acquisition in Australia.
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