LeoVegas AB Q4: Quarterly report 1 October– 31 December 2019. LeoVegas reiterates its long-term financial targets, remove short term financial targets and raises the dividend
“We have entered 2020 with good underlying growth and profitability, and an ever-stronger balance sheet”– Gustaf Hagman, Group CEO FOURTH QUARTER 2019: 1 october–31 december 2019[1] · Revenue increased by 3% to EUR 87.1 m (84.5). · EBITDA was EUR 14.5 m (8.1), corresponding to an EBITDA margin of 16.7% (9.6%) · Adjusted EBITDA was EUR 9.2 m (8.1), corresponding to a margin of 10.6% (9.6%). · The number of depositing customers was 351,613 (327,156), an increase of 7%. · The number of returning depositing customers was record-high 207,982 (181,747), an increase of 14%.