Dublin-headquartered gaming company Keywords Studios said it expected revenues to rise in 2019, with acquisitions providing a boost to growth. In a trading update, the company predicted total revenue growth of 30 per cent for the year to €326 million, with organic revenue growth of 15 per cent. The latter was driven by strong organic growth in its functional testing and game development units. The strong growth in revenue was partially offset by ongoing investment, the impact of incorporating some of Keywords’ acquisitions in 2018 and an under-performing, fixed price contract in one of its acquisitions. The full benefit of this new generation of consoles is expected to increase over the medium term.”

Source: The Irish Times January 30, 2020 07:18 UTC