Brief: Betsson Q1 EBITDA Falls To EUR 33.4 Mln

Betsson AB

28/04/2022 06:36

April 28 (Reuters) - Betsson AB  BETSb.ST :
    * BETSSON AB (PUBL) INTERIM REPORT JANUARY - MARCH 2022
    * Q1 GROUP REVENUE WAS EUR 170.2 (157.4) MILLION, AN
INCREASE OF
8%. ORGANIC INCREASE OF 14%
    * Q1 EBITDA WAS EUR 33.4 (35.8) MILLION
    * Q1 OPERATING INCOME (EBIT) WAS EUR 23.6 (27.3) MILLION
    * BELARUS' ACTIVE CHOICE TO GET INVOLVED IN CONFLICT ON
RUSSIAN
SIDE LED TO BETSSON'S DECISION TO RETURN LOCAL LICENSE AND
COMPLETELY SHUT DOWN OPERATIONS THAT WAS BUILDING UP IN COUNTRY
    * CONFLICT HAS ALSO BROUGHT THAT BETSSON-CONTRACTED
DEVELOPERS IN
UKRAINE COULD IN SOME CASES BE EVACUATED TO MALTA AND BUDAPEST,
IN OTHER CASES TO LESS DANGEROUS AREAS OF UKRAINE

Source text for Eikon:  ID:nWkr7T6bBR 
Further company coverage:  BETSb.ST 

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