Brief: pferdewetten.de Closes Cooperation Treaty And Adjusts EBIT Forecast

pferdewetten de AG

03/11/2021 06:51

Nov 3 (Reuters) - pferdewetten.de AG  EMH1k.DE :
    * SAID ON TUESDAY: COMPANY'S ENTRY INTO STATIONARY SPORTS
BETTING
BUSINESS VIA A SUBSIDIARY FOUNDED JOINTLY WITH THE OWNERS OF A
SPORTS BETTING SOFTWARE, IN WHICH PFERDEWETTEN.DE AG WILL HOLD A
70% STAKE, APPROVED 
    * CONTRACT INCLUDES RIGHT OF RESCISSION IN CASE LICENSE,
SERVICE
AND MAINTENANCE AGREEMENTS REQUIRED FOR BUSINESS OPERATIONS NOT
CONCLUDED BY 30 NOVEMBER, 2021
    * 2021 EBIT FORECAST CHANGED IN THIS CONTEXT TO MINUS 1.7
MILLION
EUROS TO MINUS 2.7 MILLION EUROS

    
 Further company coverage:  EMH1k.DE  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))