Betsson Ab Class B · OMXSTO:BETS_B
Betsson Ab Class B — Q2 2019 Earnings Presentation
12 slides from Betsson Ab Class B's earnings presentation, 2019
Slide 1: Q2 2019
Q2 2019 Pontus Lindwall CEO Betsson AB
Slide 2: Highlights Q2
HIGHLIGHTS Q2 — Revenue SEK 1,278 million — Positive Sportsbook development despite challenging World cup 2018 comparatives — Geographical spread help absorbing short term regulatory challenges — Reported EBIT at SEK 197 million — EBIT margin 15.4% — Burdened by SGA fine of SEK 19 million — Continue
Slide 3: Financial Summary Q2
FINANCIAL SUMMARY Q2 — Total revenue SEK 1,278 million SEK m Q2 2019 Q2 2018 Change H1 2019 H1 2018 — Sportsbook revenue growth of 14% Revenue 1,278 1,346 -5.1% 2,608 2,556 — Gross turnover organic growth of 7% Gross profit 859 968 -11.3% 1,758 1,832 — Q2 Sportsbook margin at 7.8% Gross margin 67.2%
Slide 4: Second Quarter – By Region
SECOND QUARTER – BY REGION — Decline in Q2 in Nordics and Western -5% Europe — Sweden — Continued weak market development due 103 to regulatory challenges 51 70 15 — After drop in Q1 with impact on revenue and operating profit, revenue flat in Q2 SEK m — The Netherlands 1346 1278 — Initial revenue d
Slide 5: Sportsbook Development
SPORTSBOOK DEVELOPMENT 7 000 9% 6 000 8% — Sportsbook gross turnover 7% organic growth 5 000 7% 6% 4 000 5% — Strong SB performance with 48,215 live betting SEK m 3 000 4% events in Q2 2019 2 000 3% 2% 1 000 1% — SB revenue grew 14%, with 17% organic growth 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 0% — SB reven
Slide 6: Casino Development
CASINO DEVELOPMENT — Betsson offer 2,700 casino games of which Casino revenue 2,000 on mobile 1 200 — Casino revenue decreased by 10% 1 000 — Organic decrease 10% 800 — Decline in Nordics and Western Europe 600 SEK m — Casino 72% of total revenue 400 — Negative impact from Swedish regulation and Dut
Slide 7: Regulatory Update
REGULATORY UPDATE — Sweden — Sweden is an important market long-term, in which Betsson aims to grow sustainably — NGG fined SEK 19 million by the SGA, the fine is appealed — The Netherlands — Market expected to open Q1 2021 — Betsson made adjustments to the product offering and is compliant with coo
Slide 8: Proprietary Technology Provide Business Opportunities
PROPRIETARY TECHNOLOGY PROVIDE BUSINESS OPPORTUNITIES — Our proprietary technology secures Betsson’s total offering the future Google Casino games 60+ Payment SB Data feeds, Live CRM services etc 130+ suppliers providers streaming feeds etc etc — We can differentiate the customer experiance as we co
Slide 9: Recent Product & Technology Initiatives
RECENT PRODUCT & TECHNOLOGY INITIATIVES — Re-branding — Re-branded sites in Netherlands — Launch of Liveroulette.com — OBG Platform — Launched in new markets — Roll-out completed for Betsson, Betsafe and Nordicbet — Sportsbook enhancements — More markets added in several sports — 458 pre-match betti
Slide 10: Commitment to Player Protection
COMITTMENT TO PLAYER PROTECTION — Betsson was the first company to hire a person within Responsible Gaming (RG) more than 10 years ago — “Duty to care” principle in operations — Investments in RG beyond what is required — Analytics to understand customer behaviour due to large volumes of data — Rece
Slide 11: Summary
SUMMARY — Challenging second quarter for the industry in several markets — Comparatives include World cup — Regulatory challenges — Betsson remains confident about the long-term opportunities within the markets where we operate — Positive Sportsbook development, both turnover and margin — Cost effic
Slide 12: Betsson AB
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