Betting Promotion: INTERIM REPORT Q1 2011

 | Source: Betting Promotion Sweden AB Betting Promotion Sweden AB

January - March 2011

  • Betting turnover: SEK 2,031 million (2,116)
  • Net turnover after trading fees: SEK -3.9million (8.0)
  • Gross margin:  -0.19% (0.38)[1]
  • Operating income: SEK  -10.7 million (2.4)
  • Operating margin:  N/A (30)[2]
  • Net income from continuing operations: SEK -11.1million (4.4)
  • Profit per share from continued operations: -1.17 SEK (0.46)

[1]Net Turnover after trading fees as percent of Betting Turnover

[2]Operating Income as percent of Net Turnover after trading fees

Managing Director Comments

”Despite the negative result in the first quarter, the board, management and staff are optimistic about the opportunities available to increase sales and profits going forward”, says Johan Moazed, Managing Director of Betting Promotion.

 

(For complete report, including tables, please see attached file)

 

Attachments

q1_-_report_2011[1].pdf
GlobeNewswire