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Bet-at-home Increases Profit Guidance After “Supremely Positive” Q4

Published

5 years ago

January 26, 2021

Niji Narayan

Bet-at-home Increases Profit Guidance After “Supremely Positive” Q4

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Bet-at-home.com has increased its profit guidance, following the “supremely positive” business development in Q4 2020.

The preliminary figures for the financial year 2020 indicate that the primary expected EBITDA range of the annual guidance of EUR 23 million up to EUR 27 million was clearly exceeded. As a result, EBITDA in the financial year 2020 will reach a level of EUR 30.9 million.

The gross betting and gaming revenue in the financial year 2020 will reach a level of EUR 126.9 million, therefore, within the guidance range between EUR 120 million and EUR 132 million.

The group’s business figures for the financial year 2020 will be published on March 8.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.