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bet-at-home.com records best ever results in 2016!

bet-at-home.com records best ever results in 2016!
The listed online betting provider is celebrating the best annual results in the company’s history! The gross betting and gaming revenue increased by 14 per cent to EUR 138.7 million, and the betting and gaming volume by 21.4 per cent to EUR 2.9 billion. The 20.6 per cent increase in marketing expenses (EUR 44 million) that was due to the football European Championship in France has thus proved to be a good investment.

Similarly pleasing are the operating ratios EBITDA and EBIT: these stand at EUR 33 million and EUR 31.9 million respectively, and are thus EUR 1.3 million and EUR 1.1 million above last year’s figures.

The Board's outlook for the new financial year is suitably optimistic: the gross betting and gaming revenue is expected to increase to EUR 144 million, while the operating profit (EBITDA) is expected to be between EUR 34 million and EUR 38 million.

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