European Lottery

Growth in revenues, profit and operating margin

“In 2015 we showed the strength of our strategy entitled Experience through Responsibility. Following an expected downturn in revenues in 2014, when the mandatory registration of gaming was introduced, we are now seeing growth. Both revenues and profitability have improved. Svenska Spel is well prepared for the upcoming re-regulation of the gaming market,” says Lennart Käll, President and CEO of Svenska Spel.

Svenska Spel’s profit after financial items and tax for 2015 was SEK 4,803 million, an increase of SEK 41 million (0.9%) compared to 2014. The operating margin was 22.6%, which exceeds the owner’s financial objectives.

Important events and key indicators 2015

  • A new agreement was signed with the Swedish Ice Hockey Federation (SIF). The agreement runs for six years with a value of around SEK 121 million.
  • A new agreement was signed with HockeyAllsvenskan. The agreement runs for six years with a value of around SEK 50 million.
  • Current systems and machines for the Vegas product have reached the end of their technical useful life. A decision was made to invest in replacements.
  • A new agreement was signed with the Swedish Handball Federation. The agreement runs for three years with a value of around SEK 30 million.
  • Fourth quarter, October-December 2015

  • Net gaming revenues for the Group totalled SEK 2,426 (2,389) million, an increase of 1.6%.
  • The Group’s operating profit totalled SEK 1,245 (1,246) million, a fall of 0.1%.
  • The Group’s profit for the quarter totalled SEK 1,246 (1,258) million, a fall of 0.9%.
  • The operating margin was 21.3% (22.2%).
  • The Satisfied Customer Index was 69 (70).
  • Svenska Spel has the highest image rating in the gaming industry, 61% (64%).
  • The responsible gaming image was 54% (56%).
  • January-December 2015

  • Net gaming revenues for the Group totalled SEK 8,961 (8,941) million, an increase of 0.2%.
  • The Group’s operating profit totalled SEK 4,791 (4,705) million, an increase of 1.8%.
  • The Group’s operating profit for the period totalled SEK 4,803 (4,763) million, an increase of 0.9%.
  • The operating margin was 22.6% (22.2%).
  • Svenska Spel’s Annual General Meeting will be held in Visby on 27 April 2016 at 11:00.

    About Svenska Spel (www.svenskaspel.se) Svenska Spel is Sweden’s leading gaming company, offering a broad range of games of chance, sporting games and casino games, with well-known brands such as Triss, Lotto and Stryktipset. Based on a mandate from the Swedish government and the company’s core values, the vision is that gaming shall be for everyone’s enjoyment. This is achieved by offering good, responsible gaming experiences. Svenska Spel is also the country’s biggest sponsor of Swedish sport, at both elite level and grass-roots level. The Group also includes Casino Cosmopol, with Sweden’s four international casinos. The company has around 2,200 employees and its head office is in Visby. For more information, go to www.svenskaspel.se

    Source:
    Svenska Spel

    Contact:
    Andreas Jerat,
    Head of Press, Svenska Spel
    Telephone: +46 700-87 46 94




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