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Year-End Report 2014

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PRESS RELEASE

The Mr Green online casino continued to grow robustly in the fourth quarter, compared with the year-earlier period. The company significantly outgrew the market this quarter, which means that Mr Green is continuing to capture market shares.

  • In the fourth quarter of 2014, game win and other revenue increased by a full 28.3 per cent to SEK 174.8 million (136.2), compared with the year-earlier period.

  • EBITDA excluding items affecting comparability for the fourth quarter was SEK 17.0 million (18.7), down 9.4 per cent.

  • EBITDA excluding items affecting comparability for 2014 was SEK 134.8 million (106.8), up 26.2 per cent. Items affecting comparability amounted to a negative SEK 112.1 million (neg: 4.7). The items affecting comparability mainly comprise the provision for the Austrian tax dispute (SEK 108.1 million), while the remaining SEK 4.0 million consists of restructuring costs of a non-recurring nature that were charged for the purpose of realising synergies and more efficient organisation of the operations.

  • EBIT for the fourth quarter was a negative SEK 110.4 (pos: 6.6) million

  • Revenue for the full year amounted to SEK 659.4 million (483.9), up 36.3 per cent.

  • The Board proposes a dividend corresponding to SEK 1.30 per share.

“The basis for our rapid growth is that we offer our players an attractive, secure and safe gaming experience. That is why they come back to Mr Green, said Mikael Pawlo”, CEO Mr Green & Co AB.

For further information, please see the attached report or contact:
Mikael Pawlo, CEO of Mr Green & Co AB (publ), Tel: +46 70 418 65 02.

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