Brief: Betsson Q4 EBIT Falls To SEK 210.6 Million

Betsson AB

10/02/2022 06:37

Feb 10 (Reuters) - Betsson AB  BETSb.ST :
    * Q4 REVENUE SEK 1,594.7 MILLION VERSUS SEK 1,762.5 MILLION
YEAR
AGO
    * BETSSON AB (PUBL) YEAR-END REPORT 1 JANUARY - 31 DECEMBER
2021
    * CASINO REVENUE DECREASED BY 9%. SPORTSBOOK REVENUE
DECREASED BY
11% AND SPORTSBOOK MARGIN WAS 6.0% (7.3%).
    * BOARD OF DIRECTORS PROPOSES TO AGM THAT SEK 539.0 (502.9)
MILLION, WHICH CORRESPONDS TO SEK 3.94 (3.68) PER SHARE, TO BE
DISTRIBUTED TO SHAREHOLDERS.
    * Q4 EBIT SEK 210.6 MILLION VERSUS SEK 317.8  MILLION YEAR
AGO
    * YEAR 2022 WILL ENTAIL CONTINUED INVESTMENTS BOTH IN
TECHNOLOGY
AND EXISTING PRODUCT PORTFOLIO.

Source text for Eikon:  ID:nWkr7yZWFM 
Further company coverage:  BETSb.ST 

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