Betsson AB (BETS_B) Q1 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04263-556e-7901-a409-c51208310321 Created: 2026-08-27T08:43:22.630Z Duration: 1320.6726 Channels: 1 00:00:00.000 -- 00:00:01.200 Thank you very much. 00:00:01.599 -- 00:00:04.560 Hello, everyone, and welcome to Betsson's presentation of 00:00:04.560 -- 00:00:07.200 the Q1 report for 2026. 00:00:07.600 -- 00:00:09.120 I'm Pontus Lindwal, 00:00:09.920 -- 00:00:12.400 President and CEO of Betsson. With me today 00:00:12.400 -- 00:00:15.894 is also our CFO, Martin Ehrmann. Hi, everyone. 00:00:16.855 -- 00:00:17.894 In Q1, 00:00:18.215 -- 00:00:21.015 we saw continued good customer activity in our 00:00:21.015 -- 00:00:22.294 B2C business, 00:00:22.535 -- 00:00:24.855 with active customers up 11% 00:00:24.855 -- 00:00:28.294 year over year at all new time all 00:00:28.294 -- 00:00:29.735 time high levels. 00:00:30.240 -- 00:00:32.159 Group revenue amounted to 00:00:32.720 -- 00:00:34.320 $285,000,000, 00:00:34.400 -- 00:00:36.559 and EBIT was EUR 34,000,000 00:00:36.559 -- 00:00:37.520 in the quarter. 00:00:37.840 -- 00:00:40.559 The EBIT margin was 11.9% 00:00:40.559 -- 00:00:41.520 for the period. 00:00:42.239 -- 00:00:45.545 Revenue for the B2C operations was increased by 00:00:45.545 -- 00:00:48.185 15% year on year and reached a new 00:00:48.185 -- 00:00:49.145 record level. 00:00:49.465 -- 00:00:52.665 Growth was particularly strong in Latin America, primarily 00:00:52.665 -- 00:00:55.145 driven by positive performance in Peru. 00:00:55.305 -- 00:00:59.130 Western Europe also delivered double digit growth, with 00:00:59.130 -- 00:01:02.010 Italy as the main driver, where we continue 00:01:02.010 -- 00:01:04.250 to gain market share in both sports betting 00:01:04.250 -- 00:01:05.370 and casino. 00:01:05.8...