Edition:
United States

Kindred Group PLC (KINDsdb.ST)

KINDsdb.ST on Stockholm Stock Exchange

85.02SEK
6:55am EST
Change (% chg)

-1.98kr (-2.28%)
Prev Close
87.00kr
Open
87.60kr
Day's High
87.74kr
Day's Low
84.68kr
Volume
219,980
Avg. Vol
805,943
52-wk High
139.00kr
52-wk Low
82.60kr

Latest Key Developments (Source: Significant Developments)

Kindred Q3 pretax profit rises
Friday, 26 Oct 2018 01:30am EDT 

Oct 26 (Reuters) - Kindred Group PLC ::GROSS WINNINGS REVENUE AMOUNTED TO GBP 230.7 (193.6) MILLION FOR Q3 OF 2018.PROFIT BEFORE TAX FOR Q3 OF 2018 AMOUNTED TO GBP 42.0 (35.0) MILLION.SAYS FOR FIRST 24 DAYS OF OCTOBER 2018, SPORTS BETTING MARGIN AFTER FREE BETS WAS APPROXIMATELY 25 PER CENT HIGHER THAN LONG-TERM AVERAGE OF 7 PER CENT.SAYS DAILY AVERAGE GROSS WINNINGS REVENUE IN GBP IN PERIOD UP TO 24 OCTOBER 2018 WAS 5 PER CENT LOWER (3 PER CENT IN CONSTANT CURRENCY) THAN FOR FULL Q4 LAST YEAR.  Full Article

Kindred Q2 core profit rises, growth strong so far in Q3
Wednesday, 25 Jul 2018 01:30am EDT 

July 25 (Reuters) - Kindred Group PLC ::SAYS GROSS WINNINGS REVENUE AMOUNTED TO GBP 219.0 (166.6) MILLION FOR Q2 OF 2018.SAYS UNDERLYING EBITDA FOR Q2 OF 2018 WAS GBP 41.7 (33.4) MILLION.SAYS PROFIT BEFORE TAX FOR Q2 OF 2018 AMOUNTED TO GBP 28.9 (22.9) MILLION.SAYS IN PERIOD UP TO 22 JULY 2018, AVERAGE DAILY GROSS WINNINGS REVENUE IN GBP WAS 29 PER CENT HIGHER COMPARED TO SAME PERIOD IN 2017.SAYS ADJUSTING FOR IMPACT OF EXCHANGE RATE CHANGES, GROWTH WAS 30 PER CENT.SAYS WORLD CUP PROVIDED A SIGNIFICANT ALL-TIME HIGH IN CUSTOMER ACTIVITY AND CONTINUED STRONG ORGANIC GROWTH, AND UNEXPECTED RESULTS LED TO A SPORTSBOOK MARGIN OF 8.2 PER CENT AFTER FREE BETS.  Full Article

Kambi Group Proposes To Extend Contract With Kindred Group
Tuesday, 8 May 2018 06:01am EDT 

May 8 (Reuters) - KAMBI GROUP PLC ::REG-KAMBI GROUP PLC PROPOSES TO EXTEND CONTRACT WITH KINDRED GROUP PLC.THERE WILL BE NO MATERIAL IMPACT ON KAMBI'S EXPECTED REVENUES FOR 2018.  Full Article

Kindred Q3 pretax profit tops forecast
Friday, 27 Oct 2017 01:30am EDT 

Oct 27 (Reuters) - Kindred Group Plc :Says ‍new all-time high in gross winnings revenue of GBP 193.6 (142.3) million for Q3 of 2017​.Says ‍underlying ebitda for Q3 of 2017 was GBP 46.8 (33.9) million​.Says ‍gross winnings revenue contribution from 32red was GBP 18.6 million and underlying ebitda was GBP 3.7 million​.Says ‍profit before tax for Q3 of 2017 amounted to GBP 35.0 (24.8) million​.Says ‍in period up to 22 october 2017, with approximately 50 per cent higher than normal sports book margins, average daily gross winnings revenue in GBP was 68 per cent higher compared to same period in 2016​.Says ‍adjusting for acquisition of 32red and impact of exchange rate changes, growth was 57 per cent​.Reuters poll: Kindred Q3 pretax profit was seen at GBP 28.2 million, gross winnings revenue at 183 million.  Full Article

Kindred Q4 core profit tops forecast
Tuesday, 14 Feb 2017 01:30am EST 

Kindred Group Plc : Says board of directors propose a dividend of 0.310 (0.235) per share/SDR, which is approximately SEK 3.46 (2.87) per share/SDR and amounts to a proposed distribution to shareholders of GBP 71.4 (54.0) million. . Says in period up to 12 february 2017, average daily gross winnings revenue in GBP was 36 per cent higher compared to same period in 2016 . Says gross winnings revenue of GBP 152.8 (111.4) million for Q4 of 2016, and GBP 544.1 (354.1) million for full year 2016. . Says adjusting for impact of exchange rate changes, growth was 21 per cent . Says underlying EBITDA for Q4 of 2016 was GBP 39.3 (27.1) million . Q4 reported EBITDA GBP 38.9 million (26.2) .Reuters poll: Kindred Q4 EBITDA was seen at GBP 33.6 million, dividend at GBP 0.26 per share.  Full Article