SGHC climbs on Q2 revenue beat

Super (SGHC)

17/08/2023 18:03

** Shares of online betting and casino co SGHC Ltd  SGHC.N 
up 12.9% at $3.31
    ** Company posts Q2 revenue of 380.8 million euros ($414.12
million), above analysts' est. of 351.2 million euros -
Refinitiv 
    ** Revenue was driven by growth from Africa and Middle East
and European markets, partially offset by declines from North
America and Asia-Pacific markets, says company
    ** "We remain confident in our business model and focused in
our search for future growth opportunities in the global online
casino and sports betting industry," says CEO Neal Menashe
    ** SGHC shares up 10.3% YTD

($1 = 0.9195 euros)

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))