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Unibet full year 2013 results
Tuesday February 11 ,2014 : UNIBET FLYING HIGH
Transformational strategy paying dividends
In full year 2013 results released today (Tuesday), Swedish gaming group Unibet presented "an all-time high in revenue and profitabily".
Unibet's mobile channel continued its strong upward trend and now represents around 27 percent of total gross winnings revenue.
Key performance indicators for the full year period ending December 31, 2013 included:
- Gross Winnings Revenue of GBP 234.7 million (FY2012: GBP 197.2 million)
- EBITDA of GBP 63.4 million (FY2012: GBP 52.5 million)
- Profit before tax amounted to GBP 44.5 million (FY2012: GBP 34.2 million), up 25 percent
- Profit after tax amounted to GBP 40.1 million (FY2012: GBP 31.6 million)
- Earnings per share were GBP 1.434 (FY2012: GBP 1.132)
- Operating cash flow before movement s in working capital amounted to GBP 63.8 million (FY2012: GBP 51.1 million)
- Number of active customers was 516,799 (2012: 491,958).
Unibet's success is due to a strategy initiated three years ago to transform the business, said Henrik Tjärnström, chief executive officer of Unibet.
“Unibet’s focus on re-regulated markets demonstrates that it is possible to drive efficiency and increased profitability while reducing overall corporate risk.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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