Betsson Ab Class B · OMXSTO:BETS_B
Betsson Ab Class B — Q2 2013 Earnings Presentation
28 slides from Betsson Ab Class B's earnings presentation, 2013
Slide 1: Q2 2013: Operating profit increased by 26 percent
PRESENTATION Q2 2013 Q2 2013 Operating profit increased by 26 percent
Slide 2: Presentation Outline
PRESENTATION Q2 2013 Presentation Outline Business development update Regulated Markets Q2 Highlights Legal Update Events after Q2 Q&A
Slide 3: Business Development Update
PRESENTATION Q2 2013 BUSINESS DEVELOPMENT UPDATE
Slide 4: Multi Supplier and Multi Brand Strategy
PRESENTATION Q2 2013 Multi Supplier and Multi Brand Strategy Business to Consumers (B2C)) Proprietary Gaming Business to Business (B2B) Platform
Slide 5: Business development update
PRESENTATION Q2 2013 Business development update During the quarter, the investments in business optimization has continued: “E-Commerce” capabilities • SEO improvements - Betsson Casino ranked nr 1 on Google • New system for conversion implemented Backend efficiency • Betsson migration, see next sl
Slide 6: Betsson.com migration
PRESENTATION Q2 2013 Betsson.com migration During the quarter Betsson.com was successfully migrated Betsson.com are now on the common technical revenues platform –will givesgrow betterstrongly overand functionality theenables coming 12further advanced monthsdevelopment New mobile solution for Betsso
Slide 7: Mobile development
PRESENTATION Q2 2013 Mobile development Strong demand for mobile, correlates with the increased usage of smartphones. Revenues from our mobile solution amounted to revenues will grow 9% of total revenues in strongly Q2. over the coming 12 months Mobile penetration varies among our different brands.
Slide 8: Regulated Markets
PRESENTATION Q2 2013 REGULATED MARKETS
Slide 9: Italy, Denmark, China
PRESENTATION Q2 2013 Italy, Denmark, China The Italian casino site, Starcasino.it, has developed positively. Management deems that there are good premises to establish, over time, successful operations in Italy. The Danish sites continue to show stable development. The set of regulations in Denmark
Slide 10: Q2 Highlights
PRESENTATION Q2 2013 Q2 HIGHLIGHTS
Slide 11: Q2 Financials
PRESENTATION Q2 2013 Q2 Financials Revenues amounted to SEK 579.2 (486.2) million, equivalent to an increase of 19 percent Organic growth, adjusted for FX, amounted to 7.1%. Operating income amounted to SEK 137.8 (109.5) million equal to a margin of 23.8 percent (22.5 percent) and 26% growth Cash by
Slide 12: Revenues, 19% growth
PRESENTATION Q2 2013 Revenues, 19% growth M SEK 700 579.2 600 500 400 300 200 100 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2005 2006 2007 2008 2009 2010 2011 2012 2013
Slide 13: Product and Geographical Split
PRESENTATION Q2 2013 PRODUCT AND GEOGRAPHICAL SPLIT
Slide 14: Gross Profit per Segment
PRESENTATION Q2 2013 Gross Profit per Segment 25.7% B2B, Business to (28.3%) business B2C, Business to 74.3% consumers (71.7%) Figures in brackets refer to the same period last year
Slide 15: Gross Profit per Product
PRESENTATION Q2 2013 Gross Profit per Product 4% 4% (6%) (3%) Casino 26% Sportsbook (17%) 66% Poker (74%) Other Figures in brackets refer to the same period last year
Slide 16: Gross Profit per Geographical Area (B2C)
PRESENTATION Q2 2013 Gross Profit per Geographical Area (B2C) 0.3% (0.7%) 18% 0.6% (17%) Nordic Countries (0.5%) Other Europe 81% EU, outside Nordic region (82%) Rest of the world Figures in brackets refer to the same period last year
Slide 17: Key Performance Indicators
PRESENTATION Q2 2013 KEY PERFORMANCE INDICATORS
Slide 18: SB Turnover, 26% growth
PRESENTATION Q2 2013 SB Turnover, 26% growth M SEK Sportsbook Turnover Development 4500 4000 3447.6 3500 3000 2500 2000 1500 1000 500 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2009 2010 2011 2012 2013 * In Q2 2012 UEFA European Football Championship took place.
Slide 19: Q2 SB Margins
PRESENTATION Q2 2013 Q2 SB Margins SEK million 2013 – Q2 2012 – Q2 2013 – Q2 2012 –Q2 3rd PARTY 3rd PARTY SB SB SB SB Gross Turnover SB 1,129.9 2,317.7 731.1 2,013.7 Gross Margin SB* 5.2% 2.9% 4.0% 2.0% Gross Profit 58.9 67.7 29.4 39.5 Total margin after free bets was 6.5% (4.6%) * Margins after all
Slide 20: Active Customers, -16% growth
PRESENTATION Q2 2013 Active Customers, -16% growth Thousand 600 428.7 500 400 300 200 100 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2* Q3 Q4 Q1 Q2 2007 2008 2009 2010 2011 2012 2013 * In Q2 2012 UEFA European Football Championship took place.
Slide 21: Registered Customers, 17% growth
PRESENTATION Q2 2013 Registered Customers, 17% growth Thousand 7 000 6 354.9 6 000 5 000 4 000 3 000 2 000 1 000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2007 2008 2009 2010 2011 2012 2013
Slide 22: Deposits, 34% growth
PRESENTATION Q2 2013 Deposits, 34% growth M SEK 2 500 2 017.8 2 000 1 500 1 000 500 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2009 2010 2011 2012 2013
Slide 23: Legal Update
PRESENTATION Q2 2013 LEGAL UPDATE
Slide 24: Sweden and Turkey
PRESENTATION Q2 2013 Sweden Peter Norman issued a statement on the 4th of June, basically postponing any regulation of the market until 2017 The Swedish Gaming board (“LI”) is considering to issue fines against Swedish newspapers that continue to accept gaming advertising Turkey A new gaming law has
Slide 25: The Netherlands, Hungary, Bulgaria
PRESENTATION Q2 2013 The Netherlands The Dutch government are planning to grant local licenses starting January 1, 2015 and recently published the law proposal. The proposal is similar to the Danish regulation. Hungary Hungary has approved a new law enabling online gaming to be licensed by private o
Slide 26: Events After Q2
PRESENTATION Q2 2013 EVENTS AFTER Q2
Slide 27: Events after Q2
PRESENTATION Q2 2013 The start of the third quarter has seen lower average revenues than in the previous quarter. As a result of seasonal variations, July and August is usually weak months. There have been no other significant events after the end of the period
Slide 28: Q&A
PRESENTATION Q2 2013 betsson ab Q&A