Unibet Group plc Interim report January – March 2005
· Turnover for the first quarter 2005 amounted to GBP 64.9 (43.9) million. · Strong growth in non-sports betting turnover to GBP 4.4 (1.8) million. · Strong growth in sports betting turnover to GBP 60.5 (42.1) million. · Gross Winnings amounted to GBP 7.0 (5.2) million for the first quarter 2005. · Sports betting margin affected because many favourite teams won their matches in the major football leagues. · Profit after tax for the first quarter 2005 increased to GBP 2.5 (2.1) million. · Earnings per share were GBP 0.400 (0.369) for the first quarter. · Continued strong positive cash flow in first quarter of GBP 3.9 (3.6) million.
" All business areas, Sports Betting, Casino and Poker, have continued to grow during the quarter.” “I am particularly pleased with the growth in the number of customers, both registered and active.” “However, due to unfavourable outcomes in many sporting events, the sports betting margin was lower than average. Volatility in the sports betting margin is a normal part of the business and will even out in the longer term,” comments Pontus Lesse, CEO of Unibet. Today, Wednesday 11 May 2005, Unibet’s CEO Pontus Lesse will host a presentation in English at FinancialHearings, Operaterrassen in Stockholm at 12.00 CET. Please go to www.financialhearings.com to sign in.