Media and Games Invest SE (von GBC AG)

Original-Research: Media and Games Invest SE - von GBC AG Einstufung von GBC AG zu Media and Games Invest SE Unternehmen: Media and Games Invest SE ISIN: MT0000580101 Anlass der Studie: Research Comment Empfehlung: BUY Kursziel: 9.40 EUR Letzte Ratingänderung: Analyst: Marcel Goldmann, Cosmin Filker Q1 2022: MGI continues to grow strongly; Significant earnings increase due to scale, efficiency and M&A effects; Continuation of dynamic sales growth expected; GBC estimates and target price confirmed Business development Q1 2022 Media and Games Invest SE (MGI) published its Q1 business figures on 31 May 2022. According to these figures, the Group again achieved a significant increase in revenue in the first quarter of the year compared to the same quarter of the previous year by around 27.0% to EUR 65.87 million (Q1 2021: EUR 51.93 million) and was thus able to continue its dynamic growth course. In addition to inorganic growth impulses (e.g. through the Smaato acquisition), the growth was primarily driven by organic growth effects (+18.0%) within the MGI Demand Side and Supply Side...