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Angry Birds creator Rovio swings to fourth-quarter profit, raises dividend

Rovio Entertainment is the maker of the 'Angry Birds' games franchise

Rovio, Angry Birds

FILE PHOTO: An Angry Bird float makes its way down 6th Avenue during the 90th Macy's Thanksgiving Day Parade in the Manhattan borough of New York. Photo: Reuters

Reuters HELSINKI

Rovio Entertainment, the maker of the "Angry Birds" games franchise, swung to a profit in the fourth quarter from a year-ago loss and said on Friday it would raise its full-year dividend by a third to 0.12 euros per share.

The Finnish company's operating profit stood at 2.9 million euros ($3.5 million) for the October-December quarter, up from a loss of 0.1 million euros in the same period last year but down from a 12.8 million euro profit in the third quarter.

 

 

 

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First Published: Feb 19 2021 | 1:56 PM IST

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