Unibet Group plc - Year end report January - December 2014

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Feb 11, 2015 at 1:45 AM

Unibet Group plc - Year end report January - December 2014 (unaudited)

As reported in the second quarter, the result for January to December 2014 includes Kambi’s results up to 31 May 2014 and a significant non-recurring net gain of GBP 35.3 million as a result of the disposal of Kambi. Please also see table on page 4 for a list of all non-recurring items during 2014. Fourth quarter highlights · Gross winnings revenue amounted to GBP 78.0 (74.4) million for the fourth quarter of 2014 and GBP 312.0 (268.0) million for the full year 2014. · Earnings before interest, tax, depreciation and amortisation (EBITDA) for the fourth quarter of 2014 were GBP 18.9 (20.2) million. EBITDA for the full year 2014 was GBP 115.7 (63.4) million. · Profit from operations for the fourth quarter of 2014 amounted to GBP 15.3 (15.5) million and GBP 98.9 (44.5) million for the full year 2014. · Profit before tax for the fourth quarter of 2014 amounted to GBP 15.4 (15.4) million and GBP 99.0 (43.3) million for the full year 2014. · Profit after tax for the fourth quarter of 2014 amounted to GBP 13.5 (14.7) million and GBP 93.4 (40.1) million for the full year 2014. · Earnings per share for the fourth quarter of 2014 were GBP 0.476 (0.526) and GBP 3.311 (1.434) for the full year 2014. · Operating cash flow before movements in working capital amounted to GBP 18.6 (20.4) million for the fourth quarter of 2014 and GBP 78.2 (63.8) million for the full year 2014. · Number of active customers at the end of the quarter was 570,360 (516,799). · The Board of Directors proposes a dividend of GBP 1.640 (1.100) per share/SDR, which is approximately SEK 20.90 (11.70) per share/SDR and amounts to a proposed distribution to shareholders of GBP 46.7 (30.8) million. · AGM to be held on 12 May 2015, in Stockholm. “Gross Winnings Revenue up 16 per cent pure organically” “Compared with the fourth quarter 2013 this quarter is significantly influenced by exchange rate movements on Unibet’s main currencies. If the average exchange rates for the fourth quarter 2013 were applied to this quarter, gross winnings revenue would be approximately GBP 84.5 million. Excluding the effects of exchange rate movements and excluding Kambi’s contribution the underlying growth in gross winnings revenue was 16 per cent compared to the fourth quarter 2013.” “In spite of a sports betting margin below the long term average, Unibet’s markets continue to show strong growth and profitability. Also our mobile offering continues to grow and is now over 43 per cent of the gross winnings revenue.” “The strong performance of the Group resulted in an increase in the free cash flow of 41 per cent. Against this background, the Board has proposed a cash dividend of GBP 1.640 which is approximately SEK 20.90, a growth of 79 per cent in SEK.” “The Q4 report also includes a negative FX charge of GBP 1.6 million of which GBP 1.2 million relates to unrealised translation differences. A major component of this translation adjustment relates to net cash balances that Unibet holds in SEK to fund the proposed 2015 dividend.” “In the first five weeks of the first quarter average daily gross winnings revenue has increased by approximately 5 per cent in GBP and approximately 16 per cent in local currencies over the same period in 2014”, says Henrik Tjärnström, CEO of Unibet. For further information please contact: Inga Lundberg, Investor Relations +44 7887 996 116 Henrik Tjärnström, CEO +44 7515 975 629 About Unibet Unibet was founded in 1997 and is an online gambling company listed on Nasdaq Stockholm. Unibet is one of the largest privately-owned gambling operators in the European market and provides services in 22 languages through www.unibet.com, www.unibet.dk, www.unibet.fr, www.unibet.it, www.unibet.be, www.unibet.ee, www.unibet.co.uk, www.unibet.com.au, www.maria.com, www.mariacasino.ee, www.mariacasino.co.uk and www.mariacasino.dk. Today, Unibet has 9.7 million registered customers in over 100 countries. Unibet is a member of the EGBA, European Gaming and Betting Association, RGA, Remote Gambling Association in the UK and is audited and certified by eCOGRA in relation to responsible and fair gaming. More information about Unibet Group plc can be found on www.unibetgroupplc.com and twitter.com/UnibetGroup

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

EZaccessMD Data Breach: Class Action Lawsuit Looms

Data breaches are the bogeyman no one wants lurking in the shadows, and when it’s your personal info at stake, folks rightfully squirm. This recent fiasco at EZaccessMD is one of those unsettling incidents. The word on the street isn't pretty: sensitive medical data has slipped through the cracks, leaving Edelson Lechtzin LLP, a heavyweight in class action maneuvers, to...

BETR's Slide: Investors Face Big Losses, Leadership Shift

BETR Investors Left in the Lurch It's a real trainwreck, folks. Better Home & Finance Holding Company, trading under NASDAQ:BETR, is in the spotlight for all the wrong reasons. The company expanded the class period for its investor lawsuit to include even more dates between March and August 2026, reflecting a torturous ride for shareholders. Their stock cratered by a...

WHO and RCSI Bahrain Join Forces on Health Initiatives

Forging a Healthier Pathway In a world where healthcare challenges rise faster than my blood pressure during a stock market crash, the World Health Organization (WHO) and the Royal College of Surgeons in Ireland (RCSI) – Medical University of Bahrain have inked a deal to tackle these issues head-on. The memorandum of understanding (MoU) signed on November 15, 2026,...

Fluence Energy Faces Leadership Departures Amid Legal Woes

Fluence Energy's Rocky Road Continues It's chaos once again in the halls of Fluence Energy (NASDAQ:FLNC). The ship seems to drift further from solid ground as their CEO and CFO candidly decided to jump ship, shaking investor confidence even more vigorously. The market's reaction was swift and brutal: a nasty 9% share drop, leaving investors with more than just a headache....

El Pollo Loco Faces Class Action Over Wage Practices

Alright, here's where things start sizzling—El Pollo Loco, the fast-food chicken chain whose name translates to 'The Crazy Chicken'—is in a legal pickle. The lawsuit hanging over their heads could spell a sticky situation for them and possibly ripple through the fast-food industry. The suit, filed by the steadfast firm Blumenthal Nordrehaug Bhowmik De Blouw LLP, has...

SmallRig Boosts Art-Driven Innovation in AI Era

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Uber Data Breach: Class Action Investigation Begins

When Tech Meets Trouble: Uber's Data Breach Picture this: the hum of Uber rides weaving through your city, drivers none the wiser that personal info has been pried from the vaults thanks to their tech partner, Fireworks AI. Uber, folks, is in hot water once again. This isn’t just another tech hiccup; it's a legal whirlwind brewing up courtesy of Edelson Lechtzin LLP, a...

YSTUDIO's Pens: A Nod to the Power of Writing

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

Novo's Research Unlocks New Insights into Food Noise

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

Lilly's Obesity Breakthroughs: A Step Beyond the Scale

Pushing the Boundaries of Obesity Treatment Alright, let's cut through the noise and get to what really matters here. Eli Lilly is taking on obesity treatment like it's Clash of the Titans at this year's ObesityWeek 2026 in Washington, D.C. Forget just dropping pounds—Lilly wants to reshape how we think about obesity entirely. They're not just leaning into the scale,...