Nordic Leisure returns to profit

Nordic Leisure (formerly Redbet Holdings) delivered its third quarter 2012 results this week, showing a return to profit over the same period last year.

Key performance highlights include:

–   Operating income of SEK 24.6 million (Q3/2011: SEK 21 Million) up 17 percent
–   Profit after tax amounted to SEK 2.7 million (Q3/2011: SEK – 1.9 million)
–   Earnings per share amounted to SEK 0.10 (Q3/2011: – 0.07).
–   Increase in casino gaming accounting for 44.2 percent of the group’s business (Q3/2011: 34.2 percent)
–   Betting representing 27.6 percent (Q3/2011: 25.3 percent)
–   Poker down from 40.4 percent in Q3/2011 to 28.2 percent

Claes Hallen, chief executive officer of Nordic Leisure Ltd said : “Our goal is to drive growth, primarily in casinos and betting. The company’s focus remains on organic growth and operating results in increased intake”.

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