Kindred : Exchange rates for the first quarter of 2019
April 01, 2019 at 02:57 pm EDT
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Mon, 01 Apr, 2019 20:40 CET
The net foreign exchange impact of the Kindred Group's main trading currencies against its reporting currency of GBP is shown in the tables below. While this has no material impact on the underlying development of the Kindred Group's business, it does affect the reported results when translated into GBP.
The weighted average impact of GBP against the Kindred Group's main currencies was a negative impact on Gross winnings revenue of approximately 2 per cent in the first quarter of 2019 compared to the same period of 2018.
Balance sheet rates:
Rate to GBP
31-Mar-19
31-Mar-18
YoY Delta
SEK
12.115
11.755
-3.1%
NOK
11.254
11.061
-1.7%
EUR
1.165
1.143
-1.9%
DKK
8.698
8.519
-2.1%
AUD
1.843
1.833
-0.5%
Income statement averages for the quarter:
Rate to GBP
Avg Q1 19
Avg Q1 18
YoY Delta
SEK
11.939
11.292
-5.7%
NOK
11.167
10.911
-2.3%
EUR
1.146
1.132
-1.2%
DKK
8.553
8.431
-1.4%
AUD
1.828
1.770
-3.3%
Rate to GBP
31-Mar-19
SEK
12.115
NOK
11.254
EUR
1.165
DKK
8.698
AUD
1.843
Income statement averages for the quarter:
Rate to GBP
Avg Q1 19
SEK
11.939
NOK
11.167
EUR
1.146
DKK
8.553
AUD
1.828
Rate to GBP
SEK
NOK
EUR
DKK
AUD
Income statement averages for the quarter:
Rate to GBP
SEK
NOK
EUR
DKK
AUD
Rate to GBP
31-Mar-18
SEK
11.755
NOK
11.061
EUR
1.143
DKK
8.519
AUD
1.833
Income statement averages for the quarter:
Rate to GBP
Avg Q1 18
SEK
11.292
NOK
10.911
EUR
1.132
DKK
8.431
AUD
1.770
Rate to GBP
SEK
NOK
EUR
DKK
AUD
Income statement averages for the quarter:
Rate to GBP
SEK
NOK
EUR
DKK
AUD
Rate to GBP
YoY Delta
SEK
-3.1%
NOK
-1.7%
EUR
-1.9%
DKK
-2.1%
AUD
-0.5%
Income statement averages for the quarter:
Rate to GBP
YoY Delta
SEK
-5.7%
NOK
-2.3%
EUR
-1.2%
DKK
-1.4%
AUD
-3.3%
Balance sheet rates:
Rate to GBP
31-Mar-19
31-Mar-18
YoY Delta
SEK
12.115
11.755
-3.1%
NOK
11.254
11.061
-1.7%
EUR
1.165
1.143
-1.9%
DKK
8.698
8.519
-2.1%
AUD
1.843
1.833
-0.5%
Income statement averages for the quarter:
Rate to GBP
Avg Q1 19
Avg Q1 18
YoY Delta
SEK
11.939
11.292
-5.7%
NOK
11.167
10.911
-2.3%
EUR
1.146
1.132
-1.2%
DKK
8.553
8.431
-1.4%
AUD
1.828
1.770
-3.3%
This information is such that Kindred Group plc is required to disclose under the EU Regulation of Market Abuse, MAR
For more information:
Inga Lundberg, Investor Relations, +44 788 799 6116
About Kindred Group
Kindred Group is one of the world's leading online gambling operators with business across Europe and Australia, offering over 24.9 million customers across 11 brands a great form of entertainment in a safe, fair and sustainable environment. The company, which employs about 1,400 people, is listed on Nasdaq Stockholm Large Cap and is a founding member of the European Gaming and Betting Association (EGBA) and founding member of ESSA (sports betting integrity). Kindred Group is audited and certified by eCOGRA for compliance with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.
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Kindred Group plc published this content on 01 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2019 18:56:12 UTC
Kindred Group plc is an online gambling operator. The primary business is its business-to-consumer (B2C) online gambling business. The B2C business operates across Europe, Australia and North America and offers sports betting (including horse racing), casino and games, poker and other products (including bingo) through several brands. The Company's brands include 32Red, Bingo.com, Casinohuone, Kolikkopelit, Maria Casino, Highroller, Unibet, Vlad Cazino and Ottokasino. The 32Red brand offers personalized and exclusive gaming experiences. 32Red delivers more than 400 of the casino slot games. The Bingo.com brand offers a selection of both bingo, casino and live casino games. The Casinohuone brand offers a full-house gaming experience, such as casino, poker, lotto and bingo. The Unibet brand offers a premium all-product gambling experience, a range of sports betting events, Casino and Games, Poker and Bingo in 20 different languages across more than 100 countries.
KINDRED GROUP PLC 
