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ZEAL Network latest quarterly report
Thursday May 14,2015 : ZEAL NETWORK REPORT ROBUST QUARTERLY RESULTS
Aided by lower jackpot payouts and cost savings
Online lottery firm, ZEAL Network (formerly Tipp24) reported a robust start to 2015 in its latest quarterly report saying lower jackpot pay-outs and decreased operating expenses had a favourable impact.
For the first quarter 2015 period ending March 31, 2015, key performance highlights include:
Revenue amounting to Euro 34.9 million (Q1/2014: Euro 30.8 million), an increase of 13 percent.
Earnings before interest and tax of Euro 14.1 million (Q1/2014: Euro 1.3 million).
Consolidated net profit of Euro 9.5 million (Q1/2014: Euro 0.1 million).
On the back of the results, ZEAL paid out its first interim dividend of Euro 0.70 per share, saying the company is on track to deliver its total annual target of Euro 2.80 per share.
“Having laid the foundation for further growth in 2014, we are making good progress with our various business initiatives,” commented Dr Hans Cornehl, chief executive officer of ZEAL. “With its three strategic business areas, ZEAL is well positioned to capitalise on opportunities in our target markets in Europe and North America.
ZEAL expects to generate annual consolidated revenues of Euro 135 to Euro 145 million and increase EBIT to between Euro 35 and Euro 45 million.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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