Brief: Bet-at-home.com H1 gross betting and gaming revenue up 15.2 pct at EUR 65.4 million

bet at home com AG

01/08/2016 09:00

Aug 1 (Reuters) - Bet-at-home.com AG  ARTG.DE : 
    * Significant revenue growth in H1 2016 - positive EBITDA 
continues in Q2 2016 
    * Financial income increased to 1.1 million euros ($1.23 
million) during first half of 2016 (H1 2015: 1.0 million euros) 
    * Company generated 9.0 million euros of EBITDA during first 
half of 2016 (H1 2015: 16.0 million euros) 
    * Expects EBITDA to reach a level of about 30.0 million 
euros in 2016 fiscal year 
    * H1 gross betting and gaming revenue up 15.2 pct to 65.4 
million euros 
    * EBIT during first six months of 2016 financial year 
amounted to 8.5 million euros, 7.0 million euros below 
prior-year equivalent figure, as expected (H1 2015: 15.5 million 
euros) 
    * H1 net betting and gaming revenue grew by 13.9 pct to 53.1 
million euros as a result (H1 2015: 46.6 million euros) 
    * Assumes growth in gross betting and gaming revenue in 2016 
fiscal year of 10 pct to reach 134.0 million euros 
 
Source text for Eikon:  ID:nEQ7mRqtya  
Further company coverage:  ARTG.DE  
 
($1 = 0.8953 euros) 
 
 (Gdynia Newsroom) 
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