Brief: Kindred Group Expects EBITDA For FY 2023 To Reach At Least GBP 200 Mln

Kindred

12/01/2023 20:06

Jan 12 (Reuters) - Kindred Group PLC  KINDsdb.ST :
    * FOR 2023, KINDRED ESTIMATES UNDERLYING EBITDA FOR
FULL-YEAR TO
REACH AT LEAST GBP 200 MILLION
    * UNDERLYING EBITDA FOR Q4 OF 2022 IS ESTIMATED AT
APPROXIMATELY
GBP 39 MILLION (Q4 2021: GBP 27.6 MILLION)
    * QTRLY GROUP REVENUE OF APPROXIMATELY GBP 305 MILLION (Q4
2021:
GBP 244.9 MILLION)
    * Q4 UNDERLYING EBITDA EXCLUDING NORTH AMERICA REACHED
APPROXIMATELY GBP 54 MILLION
    * KINDRED GROUP- WORLD CUP 2022 DISRUPTED SPORTING CALENDAR,
RESULTED IN ABOUT 25% FEWER TOP FOOTBALL LEAGUE FIXTURES
COMPARED TO Q4 LAST YEAR
    * TURNOVER FROM WORLD CUP WAS NOT ENOUGH TO OFFSET IMPACT OF
REDUCED FIXTURES ELSEWHERE

Source text for Eikon:  ID:nWkr3mhZNX 
Further company coverage:  KINDsdb.ST 
 ((Reuters.briefs@thomsonreuters.com;))