Kindred Group plc – Unaudited trading update for the fourth quarter 2022 including non-recurring indicative guidance for 2023
· The World Cup 2022 disrupted the sporting calendar and resulted in approximately 25 per cent fewer top football league fixtures compared to the fourth quarter last year and contrary to expectations, turnover from the World Cup was not enough to offset the impact of reduced fixtures elsewhere. This combined with a lower than long-term average sports betting margin and a few isolated events during the quarter had a negative impact on the Group’s quarterly performance, resulting in total revenue of approximately GBP 305 million · Continued increased sustainability focus in some key markets,