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STRONG ORGANIC GROWTH DRIVES UNIBET RESULTS

Thursday,  November 3, 2011 :  Player acquisitions and revenues up
 
Unibet Group plc has released its interim report for the period January - September 2011, highlighting:
 
• Gross Winnings Revenue of GBP 37.8 (31.0) million for the third quarter of 2011 and GBP 109.7 (112.0) million for the period January to September 2011.
 
• Profit from operations for the third quarter 2011 at GBP 8.2 (5.6) million and GBP 26.6 million
(24.6) million for the period January to September 2011.
 
• Profit before tax for the third quarter of 2011 of GBP 8.2 (4.3) million and GBP 26.2
(24.6) million for the period January to September 2011.
 
• Profit after tax for the third quarter of 2011 at GBP 7.5 (3.7) million and GBP 24.2 (22.4)
million for the period January to September 2011.
 
• Earnings per share for the third quarter of 2011 were GBP 0.269 (0.134) and GBP 0.864 (0.797) for
the period January to September 2011.
 
• Operating cash flow before movements in working capital amounted to GBP 10.7 (8.6) million for
the third quarter 2011 and GBP 33.5 (32.5) million for the period January to September 2011.
 
• Number of active customers at the end of the third quarter was 325,194 (320,573).
 
Henrik Tjärnström, CEO of the company, said: “I am proud to deliver another quarter of excellent results completely driven by organic growth.
 
“Compared with the same period last year gross winnings revenue grew by 22 percent and profit from
operations grew by 47 percent.
 
“Especially pleasing is the success for Maria which is continuing to deliver excellent results.
 
“Revenues for October are ahead of the same period in 2010, partly as a result of more favourable
sports margins, but more importantly through a continuation of the underlying positive trends from
previous quarters.
 
“While Unibet continues to evaluate new opportunities in the market, I am very pleased to announce
that in addition to the share buy-backs in the quarter, the Board is now proposing an interim dividend
and has stated a new distribution policy that balances short-term cash distributions with our intent to
invest in the business to deliver long-term profitable growth.”
 
Tjärnström flagged significant events during the third quarter of 2011:
 
On 9 August 2011, Unibet launched sports betting and casino in the Italian market on unibet.it.
 
On 10 August 2011, Unibet Board of Directors decided to start exercising the buy-back mandate which was received at the Annual General Meeting on 12 May 2011. During the third quarter 2011 387,717 SDRs were purchased for a total of SEK 49.0 million (GBP 4.6 million) at an average price of SEK 126.4.
 
Significant events after the period end include:
 
On 17 October 2011, Unibet submitted an application to the Danish Gambling Authority for a license to provide sports betting and online casino from 1 January, 2012.
 
On 25 October 2011, Kambi, the B2B division of the Unibet Group, went live with Kambi’s Pool Betting products Supertoto and Superscore on Paf.

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Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

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PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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