Structural strength Keywords Studios Keywords Studios looks structurally well placed to continue performing well in an industry where change and innovation are the norm. The company again showed the resilience of its model in FY18, delivering 10.1% l-f-l revenue growth and 53% adjusted EPS growth in the face of considerable industry turbulence. Looking ahead, we see sustained growth from the launch of streaming services by industry majors and the continued shift towards outsourcing. Keywords’ strategy, which has delivered a five-year EPS CAGR of 53%, appears sustainable. As such, we believe that the shares remain set for continued appreciation. Analysts Dan Ridsdale Richard Williamson

Keywords Studios Plc (KWS.L) Announced, in its full year results for the year to 31 December 2018, that its total revenue stood at €250.81 million, compared to €151.43 million in the preceding year. Profit after tax was €14.90 million compared to €7.26 million. The company's diluted earnings per share was 22.24c, compared to 11.87c. The company declared a final dividend of 1.08c per share, compared to 0.98c in the comparable period.

RNS Number: 8314 V Keywords Studios PLC 11 April 2019 Correction: The following is a correction to the Final Results announcement for the year ended 31 December 2018 announced at 7 a.m. on 08.04. 19.. ·Group revenue increased by 66% to €250.8 m. ·On a Constant Currency 1 basis, revenue grew to €258.6 m.

Keywords Studios’ (KWS) revenues rose 66 per cent to €251m during 2018, and were up 10.1 per cent on a like-for-like basis, or 14.9 per cent “without the expected drag in the year from the VMC acquisition”. VMC has now been integrated across four service lines and five studio locations ahead of schedule. Like-for-like growth was also impacted by the ‘Fortnite effect’ – denoting the disruption caused to other games supported by Keywords by the success of the ‘Fortnite’ game. Still, six out of the group’s seven service lines enjoyed a strong underlying performance. Localisation testing was the exception; some projects expected at the end of last year were delayed into 2019. Overall, the first quarter of the current year was in line with bosses’ expectations. Recommendation under review.

Keywords Studios, which provides technical services to the global video games industry, has announced a 65% increase in full-year adjusted pre-tax profits to €37.9m on revenues 66% higher at €251m. Chief executive Andrew Day says the “phenomenally successful” free-to-play game Fortnite, which attracted 200 million players during the year, disrupted some games supported by Keywords. This led some clients to reduce their spending, terminate games or cease trading, but he believes the market is “more settled now,” with Fortnite and other new games having become an “integral part of it”. Keywords also now undertakes a “considerable amount of work” on Fortnite.

Keywords Studios Plc (KWS.L) Announced, in its results for the year to 31 December 2018, that its total revenue stood at €250.81 million, compared to €151.43 million in the preceding year. Profit after tax was €14.90 million compared to €7.26 million. The company's diluted earnings per share was 22.24c, compared to 11.87c. The company declared a final dividend of 1.08c per share, compared to 0.98c in the comparable period.

·Group revenue increased by 66% to €250.8 m. ·On a Constant Currency 1 basis, revenue grew to €258.6 m. ·Adjusted profit before tax 2 increased by 65% to €37.9 m.

RNS Number: 1808 V Keywords Studios PLC 04 April 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

RNS Number: 1530 U Keywords Studios PLC 27 March 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

Keywords Studios: Opportunities in industry turbulence Keywords’ recent trading update indicated that the company continues to perform robustly despite industry turbulence. The acquisition of GetSocial, a cloud marketing services platform, for an undisclosed sum highlights the potential for Keywords’ M&A strategy to benefit from the weaker funding environment. We adjust our estimates to reflect slightly greater investment of profit back into the business in FY19 (EPS -3%), while adjusting working capital and deferred consideration payments upwards. We retain our view that Keywords remains strongly positioned, with an undemanding rating given the company’s leading market position, track record and potential. Analysts Dan Ridsdale Richard Williamson

Keywords Studios (KWS.L) 1,106p �708.28m The international technical services provider to the global video games industry, announced that it has acquired the assets and business of GetSocial B.V. a company based in The Hague, Netherlands. GetSocial is a cloud-based software platform that provides a comprehensive and robust suite of functions that enable games developers to manage all social interactions between their game, their players and their friends' networks. GetSocial's team of 12 engineers led by CEO, Jeroen Bouman, and COO and Founder, Viral Patel, are all joining Keywords. GetSocial is currently in a development phase, having invested ahead of building revenues, but it is expected to become profitable during 2020.

Keywords Studios (KWS) has bought the assets and business of GetSocial B.V. a company which is based in The Hague, Netherlands. GetSocial – a cloud-based software platform – allows games developers to manage social interactions between their games, players and players’ friends’ networks. Keywords said that GetSocial expands its existing range of cloud-based services. Buy.

Keywords Studios Plc (KWS.L) Announced that it has acquired the assets and business of GetSocial B.V. a company based in The Hague, Netherlands. Further, the GetSocial's team of 12 engineers led by CEO, Jeroen Bouman, and COO and Founder, Viral Patel, will be joining the company.

RNS Number: 6672 Q Keywords Studios PLC 21 February 2019 21 February 2019. Further Strengthening the Group's Technology base and Marketing Services capabilities. Keywords Studios, the international technical services provider to the global video games industry, today announces that it has acquired the assets and business of GetSocial B.V. a company based...

Shares in Keywords Studios (KWS) were up by around 6 per cent this morning, following declines last week which culminated in a more-than 10 per cent fall on Friday. These falls may have stemmed from – or been exacerbated by – a third-quarter trading update from US-listed games company Electronic Arts last Tuesday. Electronic Arts (US:EA) reduced its net revenue expectations for the full-year to $4.88bn, down from earlier expectations of $5.15bn. EA cited “intense competition” and “transformational change” in the video games industry. The FT cited “the likes of Fortnite” as “stiff competition”. Keywords counts EA as one of the prominent games companies that it provides services to. For now, we retain our (high-risk, long-term) buy recommendation.

RNS Number: 6083 O Keywords Studios PLC 31 January 2019 31 January 2019. The Board expects full year revenues to be at least €250 m and adjusted profit before tax* of approximately €37.8 m. During the year, the Group welcomed eight businesses into the group through acquisition, and the Group finished the year with net debt of €0.4 m, after the €26.2 m net cash...

RNS Number: 3314 O Keywords Studios PLC 28 January 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

RNS Number: 4413 N Keywords Studios PLC 18 January 2019 18 January 2019. Keywords Studios, the international technical services provider to the global video games industry, announces that 251,243 new ordinary shares have been issued to the vendors of Sperasoft in respect of the non-contingent deferred share consideration due to them.. The Company's total...

RNS Number: 4297 M Keywords Studios PLC 07 January 2019 TR-1: Standard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

Keywords Studios Plc (KWS.L) Announced that it has completed the acquisition of Sunny Side Up Creative Inc. from its founder, Thomas Giroux, after all the conditions were fulfilled.