Keywords Studios (GB:KWS) has released an update.
Keywords Studios, a major service provider to the video games and entertainment industries, has reported a projected 7% revenue growth in the first half of 2024, despite a slight decline in organic growth. The company’s performance is expected to improve in the second half of the year following a stronger recovery from US strikes and ongoing cost management efforts. Additionally, Keywords Studios is actively pursuing mergers and acquisitions, with the recent acquisition of two small studios and plans to invest approximately €100 million in M&A activities aligned with its medium-term strategy.
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