Unibet presents interim report

Unibet Group plc turned in a respectable HY1 interim report for the period January – June 2013 saying it is optimistic on the success of new marketing initiatives and the continued growth of its mobile channel.

Key performance highlights over its second quarter include:

–   Gross winnings revenue amounted to GBP 54.1 million (Q2/2012: GBP 45.3 million)

–   EBITDA was GBP 12.0 million (Q2/2012: GBP 11.8 million)

–   Profit amounted to GBP 7.3 million (Q2/2012: GBP 6.4 million).

–   Profit before tax amounted to GBP 7.2 million (Q2/2012: GBP 6.4 million).

–   Profit after tax amounted to GBP 6.7 million (Q2/2012: GBP 5.7 million).

–   Number of active customers for the quarter was 446,649 (Q2/2012: 427,207).

Key performance highlights for the half year period ending June 2013 include:

–   Gross winnings revenue amounted to GBP 113.4 million (HY1/2012: GBP 96.5 million).

–   EBITDA was GBP 29.1 million (HY1/2012: GBP 27.1 million)

–   Profit amounted to GBP 19.8 million (HY1/2012: GBP 18.1 million).

–   Profit before tax amounted to GBP 18.6 million (HY1/2012: GBP 18.1 million).

–   Profit after tax amounted to GBP 17.2 million (HY1/2012: GBP 16.4 million).

Unibet reported continued growth in its mobile offering which now comprises over 19 per cent of gross winnings revenue compared to 8 per cent in the same period last year.

Continued investment in marketing initiatives has assisted in the company’s market share growth, said Henrik Tjärnström, chief executive officer of Unibet.

Current trading in the first five weeks of the third quarter has yielded an encouraging increase of around 10 percent in daily gross winnings compared to the same period in 2012.

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