HELSINKI: Finland's Rovio Entertainment, the maker of the "Angry Birds" mobile game series, reported on Thursday falling quarterly profits but growing sales, citing a strong start for its new game, Angry Birds Dream Blast.
The company, which listed its shares in 2017, reported first-quarter adjusted operating profit of 7.5 million euros (US$8.4 million), down 19 percent from 9.2 million euros a year ago.
Rovio's sales grew 7.8 percent, to 70.9 million euros.
Rovio said it expects 2019 sales between 300 and 330 million euros, with its full-year core operating profit margin seen at 9-11 percent.
(US$1 = 0.8966 euros)
(Reporting by Anne Kauranen and Tarmo Virki; Editing by Muralikumar Anantharaman)