Q3 2008, Betsson's strongest quarter so far

Third Quarter

  • Revenues increased by 52 percent to SEK 252.0 (165.5) million
  • Operating income increased by 26 percent to SEK 67.8 (53.7) million
  • Income before taxes amounted to SEK 68.2 (54.4) million
  • Income after taxes amounted to SEK 63.6 (51.2) million, corresponding to SEK 1.62 (1.30) per share
  • Number of active customers increased by 40 percent to 127 300 (90 800)
  • Liquid funds amounted to SEK 213.5 million, mostly placed at Swedish banks
  • The group has no interest-bearing loans

Interim period

  • Revenues increased by 56 percent to SEK 716.7 (459.2) million
  • Operating income increased by 26 percent to SEK 184.7 (146.4) million
  • Income before taxes amounted to SEK 187.1 (147.5) million
  • Income after taxes amounted to SEK 174.4 (136.3) million, corresponding to SEK 4.44 (3.45) per share

A very succesful third quarter

- "Despite the fact that the third quarter includes the holiday-period of July and August, we have, by the offers to customers that we have developed and implemented, succeeded to increase our sales during Q3, which makes the quarter our strongest so far" says Pontus Lindwall, CEO

Events after reporting period

  • The forth quarter has started strongly and the October revenues were all time high

Presentation of the Report

Today, Friday 7th November, at 09.00 CET, Betsson's CEO, Pontus Lindwall, will present the Interim Report for the Third Quarter, 2008 at Betsson's Betting Shop, Götgatan 37, Stockholm. The presentation will be followed by an opportunity to ask questions. The presentation will be held in English.

The Interim Report will be published at 07:30 (CET)

For a telephone link to the Presentation, please call: +46(0)8 5051 3785 (Sweden) or +44(0)20 7138 0825 (UK).

The Presentation will also be broadcasted at 09:00 via Webcast (image, sound and PowerPoint presentation), at www.betssonab.com under Financial Info alternatively at www.financialhearings.com, Betsson.

A copy of the presentation will be available at www.betssonab.com from 7 November.

BETSSON AB'S CORE BUSINESS CONSISTS OF INVESTING AND ADMINISTER COMPANIES WITHIN THE GAMING BUSINESS. BETSSON AB OWNS BETSSON MALTA LTD WHICH OPERATES GAMES TOWARDS END CUSTOMERS, VIA THE WEBSITES BETSSON.COM, CASINOEURO.COM AND CHERRYCASINO.COM. BETSSON MALTA LTD OFFERS POKER, CASINO, BETTING EXCHANGE, SPORTS BETTING, LOTTERY, BINGO, GAMES AND BETSSON TRADER. THE CUSTOMERS MAINLY ORIGINATE FROM THE SCANDINAVIAN COUNTRIES AND OTHER PARTS OF EUROPE. BETSSON AB IS LISTED ON THE NORDIC LIST IN STOCKHOLM, MID CAP (BETS).