HELSINKI, April 28 Finland's Rovio Entertainment, the maker of the Angry Birds game, said on Monday its operating profit halved last year due to investments in its animation business.
After a global breakthrough of its smartphone game in which players use a slingshot to attack pigs who steal the birds' eggs, Rovio has expanded the Angry Birds brand into an animated TV series and merchandising of toys and clothing.
Rovio said its revenue was roughly flat last year at 156 million euros ($216 million) while operating profit fell to 36.5 million euros from 76.8 million in 2012. ($1 = 0.7227 Euros) (Reporting By Jussi Rosendahl; editing by Keiron Henderson)
UPDATE 1-Morrison raises Marmite price by 12 pct after "Marmitegate"
LONDON, Oct 28 British supermarket chain Morrison has raised the price of Marmite yeast spread by 12 percent, passing on to consumers an increase sought by its maker Unilever that led to a row with retailer Tesco this month dubbed "Marmitegate".
UPDATE 2-Royal Caribbean says confident of doubling profit; shares soar
* Shares up about 10 pct, set for best day since 2011 (Adds CEO comments from analyst call, background, updates shares)