Brief: Kindred Group Says Oper Expenses Will Continue To Decrease

Kindred

25/10/2024 06:41

Oct 25 (Reuters) - Kindred Group PLC  KINDsdb.ST :
    * POSITIVE MOMENTUM GAINED THROUGHOUT H1 CONTINUED AS WE
STEPPED
INTO FINAL HALF OF 2024, WITH KEY MARKETS MAINTAINING STRONG
PERFORMANCE
    * FOLLOWING THE EUROS, WE SAW A SEASONAL DIP IN THE
SPORTSBOOK
ACTIVITY BEFORE MAJOR LEAGUES RESUMED
    * LOOKING FORWARD WE SEE RISK OF LOWER CHANNELISATION WITHIN
UK
MARKET BUT REMAIN VERY CONFIDENT IN ITS LONG-TERM CONTRIBUTION
    * OPERATIONAL EXPENSES WILL  CONTINUE TO DECREASE VERSUS THE
FIRST
AND SECOND  QUARTERS OF 2024
    * WE WOULD BE  WELL ON TRACK TO ACHIEVE OUR STATED
UNDERLYING
EBITDA TARGET FOR THE FULL YEAR 2024 OF GBP 250 MILLION

Source text for Eikon:  ID:nWkr2d3MH 
Further company coverage:  KINDsdb.ST 

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