Third quarter revenues rose by 26 percent
ALL FIGURES IN THIS REPORT ARE IN SEK. UNLESS OTHERWISE SPECIFIED THE FIGURES IN BRACKETS ARE THE CORRESPONDING FIGURES FOR THE PREVIOUS YEAR. THIS INFORMATION APPLIES TO THE GROUP UNLESS OTHERWISE SPECIFIED.
Third quarter
· Revenues rose by 26 percent to SEK 316.7 (252.0) million
· Operating income increased by 17 percent to SEK 79.4 (67.8) million
· Income before tax increased by 17 percent to SEK 79.6 (68.2) million
· Income for the third quarter totalled SEK 75.6 (63.6) million corresponding to SEK 1.93 (1.62) per share, an increase by 19 percent
· Cash by the end of the quarter was SEK 396.0 (213.5) million and the group still has no interest-bearing liabilities
· Betsson has during the quarter launched live streaming and mobile betting, two important innovations for the Sportsbook in the future
Interim period
· Revenues rose by 28 percent to SEK 916.8 (716.7) million
· Operating income increased by 21 percent to SEK 223.4 (184.7) million
· Income before tax increased by 20 percent to SEK 224.6 (187.1) million
· Interim income increased by 22 percent to SEK 213.3 (174.4) million, or SEK 5.44 (4.44) per share
Sportsbook and Casino drives sale
" We are happy to see that gross turnover in Sportsbook continues to be high compared with comparable figures. Casino also develops strongly, partly due to partner co-operations." says Pontus Lindwall, Betsson's President and CEO.
Presentation of interim report
Today, Wednesday 4th November, at 09.00 CET, Betsson's CEO Pontus Lindwall will present the Interim Report in Betssons shop at Götgatan 37, Stockholm and throughout webcast at www.betssonab.com or www.financialhearings.com, Betsson and by telephone conference at +46 (0)8 5051 3792 (Sweden) or +44 (0) 20 7806 1968 (UK), code 4103264. The presentation will be in English and will be followed by a question and answer session.
BETSSON AB'S OPERATIONS INVOLVE INVESTING IN AND MANAGING COMPANIES WHICH PROVIDE ONLINE GAMING SERVICES TO END-CUSTOMERS. BETSSON AB OWNS BETSSON MALTA WHICH OPERATES GAMING FOR THE END-CUSTOMER VIA WWW.BETSSON.COM, WWW.CASINOEURO.COM AND WWW.CHERRYCASINO.COM. BETSSON MALTA OFFERS POKER, CASINO, CARD GAMES, LOTTERY, BINGO, GAMES AND FINANCIAL BETTING. CUSTOMERS ARE PRIMARILY FROM THE NORDIC REGION AND THE REST OF EUROPE. BETSSON AB IS LISTED ON OMX NASDAQ NORDIC MID CAP LIST, (BETS).