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Dear Partners,
This morning Betsson released the 2008 Q3 report, our strongest quarter so far. To see the full report, please click here. Thank you all for contributing to our great result!
Summary:
Betsson AB, Third Quarter
Revenues increased by 52 percent to SEK 252.0 (165.5) million
Operating income increased by 26 percent to SEK 67.8 (53.7) million
Income before taxes amounted to SEK 68.2 (54.4) million
Income after taxes amounted to SEK 63.6 (51.2) million, corresponding to SEK 1.62 (1.30) per share
Number of active customers increased by 40 percent to 127 300 (90 800)
Liquid funds amounted to SEK 213.5 million, mostly placed at Swedish banks
The group has no interest-bearing loans
Interim period
Revenues increased by 56 percent to SEK 716.7 (459.2) million
Operating income increased by 26 percent to SEK 184.7 (146.4) million
Income before taxes amounted to SEK 187.1 (147.5) million
Income after taxes amounted to SEK 174.4 (136.3) million, corresponding to SEK 4.44 (3.45) per shareA very succesful third quarter
– “Despite the fact that the third quarter includes the holiday-period of July and August, we have, by the offers to customers that we have developed and implemented, succeeded to increase our sales during Q3, which makes the quarter our strongest so far” says Pontus Lindwall, CEO
Events after reporting periodThe forth quarter has started strongly and the October revenues were all time high.
