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Betsson AB: Interim report for the period 1 January – 31 March 2012

27 Apr 2012

SWEDEN -- (PRESS RELEASE) -- All figures in this report are expressed in SEK. Figures in parentheses refer to the corresponding figures for the previous year, unless stated otherwise. This information applies to the Group, unless stated otherwise.

First quarter operating income increased by 32 percent.

First quarter highlights:

  • Revenues amounted to SEK 536.1 (417.4) million, equivalent to an increase of 28 percent

  • Operating income amounted to SEK 174.1 (131.8) million, equivalent to an increase of 32 percent

  • The operating margin amounted to 32.5 (31.6) percent

  • Income before tax amounted to SEK 171.0 (132.6) million

  • Net income totaled SEK 162.3 (125.6) million, corresponding to SEK 3.91 (3.19) per share

  • Liquid funds amounted to SEK 588.4 (535.8) million

  • Betsson paid the final supplementary purchase consideration of EUR 12.5 million to Betsafe’s former shareholders during the quarter, by providing 608,817 newly issued Class B shares in Betsson

  • Betsson launched during the quarter four new gaming sites on the newly regulated Danish market

  • On January 23, Betsson was awarded “Online Sportsbook Operator of the Year” by IGA

  • Betsson signed, in the beginning of the first quarter, a share transfer agreement to acquire Nordic Gaming Group
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