Brief: Betsson Announces Trading Update For Q2 2023

Betsson AB

11/07/2023 13:07

July 11 (Reuters) - Betsson AB  BETSb.ST :
    * BETSSON AB (PUBL) - TRADING UPDATE FOR THE SECOND QUARTER
2023
    * REVENUE FOR Q2 2023 IS EXPECTED TO BE AROUND EUR
235.5-237.5
MILLION
    * OPERATING PROFIT (EBIT) IS ESTIMATED TO BE AROUND EUR
53.5-55.0
MILLION FOR QUARTER
    * Q2 CHARACTERISED BY CONTINUED HIGH CUSTOMER ACTIVITY BOTH
IN
CASINO AND SPORTS BETTING
    * PRELIMINARY SPORTSBOOK MARGIN WAS APPROXIMATELY 8.2% FOR
QUARTER
    * AVERAGE DAILY REVENUE SO FAR IN Q3 2023, UP UNTIL AND
INCLUDING
9 JULY HAS BEEN 13.7 PERCENT HIGHER THAN AVERAGE DAILY REVENUE
OF FULL Q3 2022
    * UP 7% AFTER TRADING UPDATE

Source text for Eikon:  ID:nWkr6gM4YJ 
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