Brief: Better Collective Acquires Soccernews.nl And Voetbalwedden.net

Better Collective A/S

24/09/2021 07:29

Sept 24 (Reuters) - Better Collective A/S  BETCO.ST :
    * REG-BETTER COLLECTIVE ACQUIRES SOCCERNEWS.NL AND
VOETBALWEDDEN.NET TO GAIN LEADING POSITION IN THE DUTCH ONLINE
SPORTS BETTING MARKET
    * IT IS EXPECTED THAT REVENUE IN BETTER COLLECTIVE
NETHERLANDS
WILL EXCEED 3 MEUR IN 2022, WHICH WILL BE FIRST FULL FISCAL YEAR
IN THAT MARKET
    * AS A NEW MARKET, NETHERLANDS IS EXPECTED TO PRODUCE HIGH
GROWTH
FOR SEVERAL YEARS.
    * SEPARATE TRANSACTIONS FOR TOTAL UPFRONT PAYMENTS OF 5.9
MEUR,
WITH MAXIMUM DEFERRED AND EARNOUT PAYMENTS OF 3.75MEUR
    * FINANCIAL TARGETS FOR 2021 REMAIN UNCHANGED
    * IT IS EXPECTED THAT TWO ACQUISITIONS WILL HAVE A POSITIVE
IMPACT
ON BETTER COLLECTIVE'S REVENUE AND EARNINGS FOR 2021 AND ONWARDS

Source text for Eikon:  ID:nGNE8g9xrx 
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