Brief: Kindred Reiterates Guidance Of FY 2024 Underlying EBITDA At GBP 250 Mln

Kindred

24/07/2024 06:37

July 24 (Reuters) - Kindred Group PLC  KINDsdb.ST :
    * OUTLOOK: WE REAFFIRM OUR FULL YEAR 2024 UNDERLYING EBITDA
GUIDANCE OF REACHING GBP 250 MILLION
    * SAYS HIGH SPORTSBOOK MARGIN OF 12.1%, CONSIDERABLY HIGHER
THAN
LONG-TERM AVERAGE MARGIN, WE EXPECT TO SEE SOME NORMALISATION IN
2H OF 2024
    * Q2 CONTAINED STRONG SPORTSBOOK ACTIVITY THROUGHOUT, WITH
EURO
2024 BOOSTING CUSTOMER ENGAGEMENT TOWARDS END OF PERIOD
    * SAYS THE KSP PROJECT REMAINS FIRMLY ON TRACK, WITH KEY
FEATURES
AND FUNCTIONALITY BEING RELEASED AHEAD OF OUR PLANNED MARKET
ROLLOUT, STARTING LATER THIS YEAR

Source text for Eikon:  ID:nWkr4jnS7 
Further company coverage:  KINDsdb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))