JAXX AG to Change Name to mybet Holding SE; Issues FY 2012 Revenue Guidance Below Analysts' Estimates and FY 2012 EBIT Guidance In Line with Analysts' Estimates
JAXX AG announced that the Ordinary Shareholders' Meeting of JAXX SE convened for May 24, 2012 will be asked among other things to pass a resolution on the renaming of Company as mybet Holding SE. Moreover, the Company expects revenue for the 2012 financial year to be in the order of EUR 60 million to EUR 70 million. The deregulation of the market in Germany and the increased tax and marketing expenditure that this would involve could lead to a negative result for the 2012 financial year. The forecast bandwidth for fiscal year 2012 EBIT ranges from EUR -4.0 million to EUR 4.0 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 210.62 million and an EBIT of EUR 2.45 million for the fiscal year 2012.
Latest Developments for mybet Holding SE
- Share this
- Digg this