Brief: Betsson Q2 Trading Update

Betsson AB

08/07/2021 06:36

July 8 (Reuters) - Betsson AB  BETSb.ST :
    * TRADING UPDATE FOR THE SECOND QUARTER 2021
    * ALL-TIME HIGH LEVEL OF OPERATING PROFIT (EBIT) IN Q2 OF 2021, ESTIMATED TO BE IN RANGE OF
SEK
375-385 MILLION
    * HIGH SPORTSBOOK MARGIN, HIGH CUSTOMER ACTIVITY IN GENERAL IN COMBINATION WITH MAJOR SPORTS
EVENTS, SUCH AS COPA AMÉRICA AND UEFA EURO 2020
    * INCREASED SHARE OF SPORTSBOOK REVENUES IN RELATION TO TOTAL REVENUES,
    * Q2 REVENUES IS EXPECTED TO AMOUNT TO SEK 1,735-1,755 MILLION.
    * STRONGEST QUARTER EVER IN TERMS OF EBIT
    * INCREASE IN ACTIVE CUSTOMER NUMBERS OF AROUND 25 PER CENT COMPARED TO SAME QUARTER LAST
YEAR,
DRIVEN BY AN INCREASED SPORTSBOOK ACTIVITY
    * SPORTSBOOK TURNOVER INCREASED BY CIRCA 73 PER CENT COMPARED WITH Q2 2020.

Source text for Eikon:  ID:nWkr2kVb25 
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