- All-time high level of operating profit (EBIT) in the second quarter of 2021, estimated to be in the range of
SEK 375-385 million - High sportsbook margin, high customer activity in general in combination with major sports events, such as the Copa América and the UEFA Euro 2020 and an increased share of sportsbook revenues in relation to total revenues, has created a strong EBIT momentum
Revenues is expected to amount to
The quarter saw an increase in active customer numbers of around 25 per cent compared to the same quarter last year, driven by an increased sportsbook activity. The sportsbook turnover increased by circa 73 per cent compared with Q2 2020. The sportsbook margin was approximately 8.5 per cent for the quarter, compared to the eight-quarter rolling average margin of around 7.4 per cent. The higher sport book margin is to a large extent explained by favorable outcomes in the initial phases of the two football tournaments. The strong sportsbook revenue contribution has also been strengthened by
As a result of the high sportsbook activity, high sportsbook margin and the product mix (positive impact from higher share of total revenue coming from sportsbook), EBIT will be at an all-time high level, in the range of
EBIT has also been affected by a reversal of a provision for a sanction fee of
Complete information will be reported in connection with
This information is information that
For further information, please contact:
pontus.lindwall@betssonab.com
Martin Öhman,
martin.ohman@betssonab.com
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