Betsson AB (OSTO:BETS B)
kr 120.4 0.2 (0.17%) Market Cap: 16.53 Bil Enterprise Value: 15.88 Bil PE Ratio: 7.93 PB Ratio: 1.79 GF Score: 98/100

Q4 2020 Betsson AB Earnings Call Transcript

Feb 09, 2021 / 09:00AM GMT
Release Date Price: kr76.75 (-7.59%)
Olle QvarnstrÃ;m

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Good morning, everybody, and welcome to today's presentation from Betsson. My name is Olle Qvarnström, and I will be handling the Q&A session after today's presentation.

With me today, I have CEO, Pontus Lindwall; and CFO, Martin Ãhman. (Operator Instructions)

With that, I want to hand the word over to Pontus. Please?

Pontus Lindwall
Betsson AB - CEO & President

Thank you. Welcome to the presentation of the fourth quarter 2020. Here's the outline for today's presentation. Going to go through some highlights, strategic drivers and achievements, sustainable operations, a financial overview by Martin. Product and technology updates, regulations, summary and after that, the Q&A.

So the highlights for the quarter. We reached all-time high revenues of SEK 1.8 billion, which is 37% year-on-year growth. EBIT was SEK 318 million, which is 59% year-on-year growth. EBIT margin, 18%, quite a healthy business once again. Casino revenues, up 33%, and all-time high Sportsbook revenues, up 47%. Really happy

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