Betsson’s Ebitda result 2.9 percent higher than expected

The betting company Betsson reports slightly better figures for the third quarter than expected.

Sales rose 17.9 percent to 280.1 million euros (237.6), compared to the Bloomberg analyst consensus of 274.

The number of active customers increased by 10 percent to 1,357,953. Deposits increased by 20 percent.

The sports betting margin after free bets was 7.4 percent (7.3).

Ebitda was 80.3 million euros (68.9), expected to be 78, with an Ebitda margin of 28.7 percent (29.0).

The operating result amounted to 64.5 million euros (56.0). The operating margin was 23.0 percent (23.6).

The profit after taxes amounted to 43.4 million euros (46.2).

Earnings per share amounted to 0.31 (0.35) euros.

Bloomberg consensus data