Unibet Group plc Year end report January - December 2010 (unaudited)


Unibet Group plc

Year end report January - December 2010 (unaudited)      


  · Gross Winnings Revenue amounted to GBP 35.5 (42.1) million for the
fourth quarter of 2010 and GBP 147.5 (138.3) million for the full year
2010.  
  · Profit from operations amounted to GBP 9.6 (11.0) million for the
fourth quarter of 2010 and GBP 34.2 (32.8) million for the full year
2010.
  · Profit before tax for the fourth quarter of 2010 amounted to GBP 9.2
(8.7) million. Profit before tax for the full year 2010 amounted to GBP
33.8 (28.9) million.
  · Profit after tax for the fourth quarter of 2010 amounted to GBP 10.0
(8.4) million. Profit after tax for the full year 2010 amounted to GBP
32.4 (26.8) million.
  · Earnings per share was GBP 0.357 (0.301) for the fourth quarter of
2010 and GBP 1.154 (0.957) for the full year 2010.
  · Operating cash flow before movements in working capital amounted to
GBP 11.7 (13.3) million for the fourth quarter 2010 and GBP 44.2 (42.7)
million for the full year 2010. 
  · Number of active customers at the end of the quarter was 308,872
(365,865).
  · The Board of Directors does not propose to pay a dividend for the
financial year 2010. The cash reserve being built up combined with the
Group's strong profitability and cash flow gives the Board flexibility
to consider strategic opportunities including acquisitions. The cash
reserve may be distributed at a later stage should the opportunities not
materialise. 
  · AGM to be held on 12 May 2011, in Stockholm.

“Strong performance across core markets”

 “We are very happy to announce a strong set of results including 15 per
cent growth over the prior quarter, which demonstrates the underlying
resilience of our business model. Even though the comparisons with the
fourth quarter of 2009 were challenging, we have been able to improve
our EPS through tight control over our operating costs, including
improved marketing focus. We also continue to invest according to plan
in the development of Kambi Sports Solutions and in the core Unibet
platforms to address the evolving markets in Europe.”

“During the first six weeks of 2011 we see healthy revenue numbers for
the Group across our major markets. In particular, mobile betting is
showing excellent growth combined with strong performance in Casino &
Games.”

“We will continue to focus on our core markets to strengthen our
position in the changing European landscape. Unibet will apply for
licenses in the markets where conditions are evaluated as sound and
profitable and with a low risk seen from a shareholder value
perspective,” says Henrik Tjärnström, CEO of Unibet.

 

Today, Wednesday 16 February 2011, Unibet's CEO Henrik Tjärnström will
host a presentation in English at FinancialHearings, Operaterrassen in
Stockholm at 9.00 CET.

Please go to
www.financialhearings.com (http://www.financialhearings.com/) to sign
in.

For those who would like to participate in the telephone conference in
connection with the presentation, the telephone number is +44 (0)20 7806
1968, Confirmation Code: 7694741

Please call in, well in advance and register.

The presentation is also web cast live on
www.unibetgroupplc.com (http://www.unibetgroupplc.com/).

For further information please contact:

Inga Lundberg, Investor Relations                              +44 788
799 6116

Henrik Tjärnström, CEO                                               +44
7515 975 629

Anhänge

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