Group Chief Financial Officer at Catena Media, Peter Messner, shared the company’s 2020 Q4 results as well as its end of year report yesterday, describing the last quarter as a “soft start, strong end”.
He shared that the strong end-of-year momentum continued well into January 2021 with a 58 per cent year on year increase. “We are hence confident to see a business performance well above targets for 2021,” he said.
The results were also hailed by Michael Daly, incoming CEO of the Malta-based gaming company, who will take the reins on 1st March 2021.
“Catena Media had an exceptional ending to a strong quarter, breaking an all-time high in USD revenues in December, thanks to our ability to take and maintain dominant positions in both sports and casino across numerous states during the busiest sports season in the US.”
Mr Daly has been heading the company’s US operations since April 2018, making this market highly profitable for Catena Media.
Featured Image:
Catenamedia.com
To avoid harm to Malta’s competitiveness, rapid execution of skills upskilling and streamlined support for innovation are required, writes Herald ...
The bank revised its profit guidance upwards on the back of what CEO Kenneth Farrugia describes as ‘strong execution’ of ...
'It is an economy facing supply-side pressures, infrastructural strains, and growing competitive pressures,' Norman Aquilina wrote.
The CEO emphasised the importance of building a more agile and resilient business model as the bank reported record profits ...