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Betsson AB

BETSb.ST

Latest Trade

50.00SEK

Change

0.95(+1.94%)

Volume

449,835

Today's Range

48.80

 - 

50.70

52 Week Range

44.30

 - 

88.86

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
49.05
Open
49.00
Volume
449,835
3M AVG Volume
12.68
Today's High
50.70
Today's Low
48.80
52 Week High
88.86
52 Week Low
44.30
Shares Out (MIL)
138.41
Market Cap (MIL)
6,107.79
Forward P/E
8.59
Dividend (Yield %)
--

Next Event

Q3 2019 Betsson AB Earnings Release

Latest Developments

More

Betsson Issues Bonds Of SEK 1 Bln

Betsson Plans To Issue New Senior Unsecured Bond

Betsson Q2 EBIT Down At SEK 196.9 Million

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About Betsson AB

Betsson AB is a Sweden-based holding company active within the Internet gaming industry. Its operations consist primarily of investing and administering shareholdings in companies, which offer games to end users via the Internet. The Company owns Betsson Malta, which operates games through partnerships and its own Websites, such as betsson.com, casinoeuro.com and cherrycasino.com, offering poker, online casino, sports betting, scratch cards, bingo and games. The Company’s customers primarily originate from the Scandinavian countries, as well as other areas within Europe. The Company’s subsidiaries include Betsson Technologies AB, Shopsson AB, Artic Invest A/S, BSG Limited and Cherry Leisure AB, among others. In March 2014, the Company completed the acquisition of Oranje Casino and Kroon Casino through acquisition of the holding company Class One Holding Ltd.

Industry

Casinos & Gaming

Contact Info

Regeringsgatan 28

+46.8.50640300

https://www.betssonab.com/

Executive Leadership

Patrick Svensk

Independent Chairman of the Board

Pontus Lindwall

President and Chief Executive Officer

Martin Ohman

Chief Financial Officer

Kristian Saliba

Acting Chief Financial Officer

Fredric Lunden

Vice President Governance, Risk & Compliance

Key Stats

2.60 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2016

4.1K

2017

4.7K

2018

5.4K

2019(E)

5.2K
EPS (SEK)

2016

7.343

2017

6.497

2018

8.910

2019(E)

5.800
Price To Earnings (TTM)
6.79
Price To Sales (TTM)
1.12
Price To Book (MRQ)
1.51
Price To Cash Flow (TTM)
4.49
Total Debt To Equity (MRQ)
28.05
LT Debt To Equity (MRQ)
5.19
Return on Investment (TTM)
18.97
Return on Equity (TTM)
13.67

Latest News

Latest News

UPDATE 1-Betsson Q3 operating profit beats expectations

* Q3 GROUP REVENUE WAS SEK 1,426.8 (1,180.6) MILLION, AN INCREASE OF 21 PERCENT

BRIEF-Betsson Q1 operating profit just above forecast

* Q1 GROUP REVENUE WAS SEK 1,210.0 (1,102.0) MILLION, AN INCREASE OF 10 PERCENT WITH AN ORGANIC GROWTH OF 4 PERCENT

BRIEF-LeoVegas: Authentic Gaming Signs Agreements With Playtech And Betsson Group

* LEOVEGAS AB: AUTHENTIC GAMING SIGNS AGREEMENTS WITH PLAYTECH AND BETSSON GROUP

BRIEF-Betsson Q4 operating profit just beats forecasts

* SAYS BOARD OF DIRECTORS PROPOSES TO AGM THAT SEK 393.1 (658.9) MILLION, WHICH CORRESPONDS TO SEK 2.84 (4.76) PER SHARE, IS DISTRIBUTED TO SHAREHOLDERS

BRIEF-Betsson to cut 160 staff, sees yearly cost savings of 50-60 mln SEK

* SAYS TOTAL HEADCOUNT IN GROUP WILL BE REDUCED BY APPROXIMATELY 160 EMPLOYEES.

BRIEF-Betsson Q3 ‍EBIT at SEK 216 mln, above expectations

* Q3 OPERATING INCOME (EBIT) WAS SEK 216.0 (272.9) MILLION, A DECLINE OF 21 PERCENT

BRIEF-CEO Ulrik Bengtsson leaves Betsson

* Says betsson ab's board of directors has decided to appoint Pontus Lindwall CEO of Betsson until a new CEO has been recruited

BRIEF-Betsson Q2 EBIT beats forecasts, sees promising start to Q3

* Betsson Q2 operating profit SEK 207 million versus SEK 200 million seen in Reuters poll

BRIEF-Betsson asks Commission to re-open infringement proceedings against the Netherlands

* Betsson asks the European Commission to re-open infringement proceedings against the Netherlands Source text for Eikon: Further company coverage:

BRIEF-Betsson beats EBIT forecasts Q1

* Q1 revenue increased by 10.2 percent to SEK 1,102 million Casino revenue increased by 23.0 percent.

BRIEF-Betsson appoints Kaaren Hilsen new CFO

* Says Hilsen is currently CFO of Telenor Sweden, a position she has held for four years Source text for Eikon: Further company coverage: (Stockholm Newsroom)

UPDATE 1-Betsson sets new dividend policy to boost acquisition war chest

Online betting firm Betsson said on Friday it was lowering its targeted dividend payout ratio to boost its ability to make acquisitions, sending shares lower.

BRIEF-Betsson says changes dividend policy to be active in industry consolidation

* Changed dividend policy, applicable as of financial year 2017

BRIEF-Betsson says offer to acquire Netplay TV sanctioned by court

* Says offer to acquire UK gaming operator Netplay TV sanctioned by court and will be completed

BRIEF-Betsson says offer for Netplay TV approved by shareholders

* Says Betsson's offer to acquire UK gaming operator Netplay TV approved by shareholders

BRIEF-Betsson says CFO Rüden to leave firm

* The process of recruiting a new CFO is under way Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

BRIEF-Betsson acquires Spanish Premier Casino for EUR 3 mln

* Says purchase price payable in cash is EUR 3.0 million and the acquisition is expected to close at the end of March 2017

BRIEF-Betsson Q4 profit and revenue just below forecasts

* Reuters poll: betsson q4 revenues were seen at 1,121 million SEK, operating income 269 million SEK, dividend at SEK 4.42per share

BRIEF-Betsson makes recommended cash offer for UK NetPlay TV

* Betsson makes recommended cash offer to acquire UK operator NetPlay TV

BRIEF-Betsson says issued senior unsecured bonds

* Betsson AB today announces the issuance of senior unsecured bonds in a total amount of SEK 1 billion due 2019

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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