mybet Holding SE / Key word(s): Change in Forecast 25.10.2016 17:10 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- mybet Holding SE: Forecast for financial year 2016 amended Berlin, October 25, 2016. According to preliminary results for the third quarter 2016 mybet Holding SE has generated group revenues of around EUR 35 million in the first nine months of the financial year 2016. Thus, the third quarter showed a continuation of the negative trend in revenues from the previous quarters. Due to this revenue development, meeting the current revenue forecast is no longer realistic, even when taking into account a possibly evolving positive impulse from the newly introduced IT platform at the end of the year. Therefore mybet Holding SE reduces the existing revenue forecast for the full year 2016. The CEO now expects group revenues for the full year 2016 to be between EUR 43 and 46 million. The previous forecast included annual revenues between EUR 59 and 62 million. The EBIT forecast remains unchanged still providing positive low-seven- figure EBIT (incl. effects of the pferdewetten.de transaction). --------------------------------------------------------------------------- Information and Explanation of the Issuer to this News: mybet Holding SE The mybet Group, licensed in several European countries to offer sports betting and online casino games, has its registered office in Berlin and locations in Hamburg, Cologne and Malta. mybet offers its betting and gaming products over the internet platforms mybet.com and mybet.de as well as at physical betting shops operating under a franchise system. In addition, the group supplies regional betting providers in Europe and Africa as a B2B service provider. mybet Holding SE is the parent company of the mybet Group. The shares of mybet Holding SE (ISIN DE000A0JRU67) are listed on the Frankfurt Stock Exchange in the Prime Standard. For further information, visit www.mybet-se.com Contact mybet Holding SE Sebastian Bucher Investor & Public Relations tel +49 30 22 90 83 161 fax +49 30 22 90 83 150 e-mail sebastian.bucher@mybet.com 25.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: mybet Holding SE Jägersberg 23 24103 Kiel Germany Phone: +49 30 22 90 83 100 Fax: +49 30 22 90 83 150 E-mail: ir@mybet.com Internet: www.mybet-se.com ISIN: DE000A0JRU67 WKN: A0JRU6 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: mybet Holding SE: Forecast for financial year
Top 10 Most Recent News Articles
Top 5 Most Recently Viewed Articles
Exploring the Future of Dry Type Transformers in Global Markets
The Growth of the Dry Type Transformer Market The global dry type transformer market is set to experience substantial growth, projected to rise from an estimated USD 11.72 billion in the near future to USD 16.33 billion by the end of the decade. This growth is fueled by a rising demand for reliable, sustainable, and low-maintenance power distribution solutions across...
Continue Reading
GuideWell's 2024 Impact Report Outlines Health Care Advancements
GuideWell Unveils Its 2024 Impact Report Focused on Health Care GuideWell Mutual Holding Corporation recently published its annual Impact Report, shedding light on the organization's significant advancements in health care accessibility and quality. This not-for-profit entity is dedicated to reshaping how health services are delivered while putting its members and...
Continue Reading
Revolution in Automotive Security: Titan's Drone Innovation
Enhancing Automotive Security with Drones In a significant advancement for automobile dealerships, Titan Protection and Consulting has successfully implemented its innovative security drone technology. This unprecedented deployment focuses on curbing theft and enhancing surveillance at automotive retail facilities. With the rise of sophisticated security solutions,...
Continue Reading
Atossa Therapeutics Announces Participation in Virtual Summit
Atossa Therapeutics to Join the 2024 Maxim Healthcare Summit SEATTLE — Atossa Therapeutics, Inc. (NASDAQ: ATOS), a clinical-stage biopharmaceutical company committed to developing innovative solutions in oncology, has exciting news to share. The company has announced that Michael Parks, the Vice President of Investor and Public Relations, will take part in a virtual...
Continue Reading
Investors Urged to Act Quickly in Vicor Class Action Lawsuit
Investors Advised to Act Swiftly in Vicor Class Action Lawsuit Attention investors! If you've lost over $100,000 in Vicor Corporation shares, now's the time to take action. Kahn Swick & Foti, LLC (KSF), along with managing partner Charles C. Foti, Jr., a former Attorney General of Louisiana, wants to remind you of an important deadline approaching for filing lead...
Continue Reading