Full Year Report, 1 January – 31 December 2008
Betsson's revenues exceed one billion
ALL FIGURES IN THIS REPORT ARE IN SEK. UNLESS OTHERWISE SPECIFIED THE FIGURES IN BRACKETS ARE THE CORRESPONDING FIGURES FOR THE PREVIOUS YEAR. THIS INFORMATION APPLIES TO THE GROUP UNLESS OTHERWISE SPECIFIED
Fourth quarter
• The fourth quarter was Betsson's strongest quarter ever
• Revenues rose by 69 percent to SEK 321.1 (189.8) million
• Operating income more than doubled to SEK 91.9 (43.5) million
• Income before tax increased to SEK 93.6 (45.2) million
• Income for the period totalled SEK 92.9 (43.1) million, corresponding to SEK 2.37 (1.10) per share
Full year
• Revenues rose by 60 percent to SEK 1,037.8 (649.0) million
• Operating income increased 46 percent to SEK 276.6 (189.9) million
• Income before tax was SEK 280.7 (192.7) million
• Income for the year totalled SEK 267.3 (179.4) million, corresponding to SEK 6.81 (4.55) per share
• Cash at the end of the year were SEK 373.2 (232.7) million and the group still has no interest-bearing liabilities.
• The board of directors proposes an increased transfer to shareholders of SEK 5.10 (5.00) per share through automatic redemption procedure.
Another all time high quarter
”We have experienced solid growth during the quarter and the whole year, with increased activity recorded at all Betsson's websites. We are planning for strong continued growth and do not as yet see any signs of stagnation,” says Pontus Lindwall, Betsson's President and CEO.
Presentation of quarterly report
Today, Friday 13 November, at 09.00 CET, Betsson's CEO Pontus Lindwall will present the Full Year Report at Betsson´s Betting Shop at Götgatan 37 in Stockholm. The presentation will be in English and will be followed by a question and answer session.
For a telephone or video link to the Presentation, please call: +46(0)8 5051 3793 (Sweden) or +44(0)20 7806 1967 (UK), confirmation code: 2003874. The Presentation will also be broadcast at 09.00 via Webcast (video, audio and PowerPoint presentation), at www.betssonab.com under Financial Info alternatively at www.financialhearings.com, Betsson.