First quarter operating income increased by 19 percent First quarter
· Revenues amounted to SEK 638.7 (536.1) million, equivalent to an increase of
19 percent.
· Operating income amounted to SEK 161.1 (174.1) million.
· Gross profit in Casino amounted to SEK 325.4 (308.3) million, which is lower
than expected. This is among other things explained by lower activity after the
fall out of a pooled record high jackpot by end of January at a competitor site.
· Marketing amounted to SEK 199.4 (135.2) million. The increase is related to
NGG and increased marketing investments in the Nordic to meet higher competition
and future growth prospects.
· Gross turnover in Sportsbook, including all gaming solutions, amounted to
SEK 3,873.6 (2,644.1) million, representing an increase of 47 percent.
· The Sportsbook margin after free bets was 6.7 (7.2) percent
· Income before tax amounted to SEK 160.1 (171.0) million
· Net income amounted to SEK 151.9 (162.3) million, corresponding to SEK 3.54
(3.91) per share.
· Customer deposits in all of Betsson’s gaming solutions amounted to SEK
2,113.9 (1,468.6) million, which represents an increase of 44 percent.
· Betsson acquired the brands www.Sverigeautomaten.com,
www.Norgesautomaten.com and www.Danmarksautomaten.com during the quarter.
Betsson AB’s Core Business consists of owning and administering shareholdings in
companies which, themselves or through partners, offer gaming to the end users
via the internet. Betsson AB owns Betsson Malta which operates gaming to the end
users either through their own websites or through partnerships. Betsson Malta
offers Poker, Casino, Sportsbook, Scratch Cards, Bingo and Games. The
customers come primarily from the Scandinavian countries and other parts of
Europe. Betsson AB is listed on NASDAQ OMX Nordic Mid Cap List, (BETS).
