(AGENPARL) – gio 17 ottobre 2024 7.30 AM CEST / 17-Oct-2024 / Kindred Group (STO:KIND SDB)
Kindred Group announces third quarter total revenue in connection with La
Française des Jeux’s (FDJ) tender offer to acquire Kindred Group. In its 9
months revenue press release to be published after the market closes on 17
October, FDJ will disclose combined group revenue with Kindred revenue estimated
on the basis of the scope that would effectively be retained by FDJ. Kindred’s
revenue and share of locally regulated Gross winnings revenue for the third
quarter 2024 are in line with expectations and Kindred remains on track towards
its full-year EBITDA guidance.
Kindred Group plc (Kindred) announces third quarter total revenue figures
(unaudited) as part of FDJ’s public tender offer to acquire the entire
outstanding share capital of Kindred.
During the third quarter of 2024, Kindred saw continued solid growth across its
diversified market footprint with total revenue (B2C and B2B) reaching GBP 294.5
million. The Gross winnings revenue for the third quarter amounted to GBP 283.1
million and the share of Gross winnings revenue from locally regulated markets
amounted to 83 per cent.
The above figures are unaudited and have been shared with FDJ which will report
combined revenue figures per third quarter end, including Kindred in connection
with FDJ’s 9 months revenue press release to be published after market closure
on 17 October. For this purpose, FDJ has estimated Kindred revenue on the basis
of the scope that would effectively be retained by FDJ. This scope was announced
on 22 January 2024, with the planned exit of Norway and other .com sites, unless
there is a clear path towards a local licence.
Kindred’s estimated revenue and share of locally regulated revenue for the third
quarter 2024 are in line with expectations and the Group remains on track
towards its communicated full-year EBITDA guidance. Kindred will report final
figures for the third quarter 2024 in its interim report on 25 October 2024.
For more information:
Patrick Kortman, Interim CFO
About Kindred Group
Kindred Group is one of the world’s leading online gambling operators with
business across Europe and Australia, offering over 30 million customers
across 9 brands a great form of entertainment in a safe, fair and sustainable
environment. The company, which employs approximately 2,500 people, is listed on
Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting
Association (EGBA) and founding member of IBIA (International Betting Integrity
Association). Kindred Group is audited and certified by eCOGRA for compliance
with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling
(2014/478/EU). As of 11 October 2024, La Francaise des Jeux are the majority
shareholders in Kindred Group plc. Read more on http://www.kindredgroup.com.
Nasdaq Stockholm, KIND-SDB
If you would rather not receive future communications from Kindred Group, please go to https://optout.ne.cision.com/en/2MN9HDetUKo3yxbYMRoMbgJ3mviXdXPMRxiyu2hG9owvSzx684ojxHu9acG9ik2UvetUwrLyvpaM3Q4hRGdPG9fH7SxgtQ1N16jgAZynGKAkCP.
Kindred Group, Kindred Group plc, The Centre, Tigne Point, Sliema, TPO 0001 Malta
————————————————————
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
If you would rather not receive future communications from Kindred Group, please go to https://optout.ne.cision.com/en/2MN9HDetUKo3yxbYMRoMbgJ3mviXdXPMRxiyu2hG9owvSzx684ojxHu9acG9ik2UvetUwrLyvpaM3Q4hRGdPG9fH7SxgtQ1N16jgAZynGKAkCP.
Kindred Group, Kindred Group plc, The Centre, Tigne Point, Sliema, TPO 0001 Malta
Report this content
Trending
- Accuse svelate nel tentativo in corso di de-anonimizzare il gruppo DDoS Anonymous Sudan
- Agenda for Thursday, 17 October 2024
- Invio com. stampa usdi pg 3942 del 17 ott. 2024… Al via la “Missione Giovani”…
- PRO MEMORIA: Le finanze dell’UE sono al riparo dal rischio di doppio finanziamento?
- Italia: l’EPPO congela 9 milioni di euro nell’indagine sulla frode che coinvolge i politici locali in Sicilia
- MEMO – Domenica 20 ottobre a Dasindo la sedicesima “Festa della Patata del Lomaso”
- COMUNICATO STAMPA – MELITO (PD): “NTA OCCASIONE RILANCIO SALE CINEMATOGRAFICHE”
- C.s. 108 Masterclass Tour, Edoardo Leo incontra gli studenti UniMe. Dialogo sui temi che emergono dalla sua ultima opera cinematografica “Non sono quello che sono”
- Camera dei deputati: Iscritti in dichiarazione di voto mozioni parità di genere
- LEGA-POPOLO DELLA FAMIGLIA: “DAL PD DI MEDICINA PURO ODIO CONTRO I PRO LIFE”