DGAP-News
Tipp24 SE: Business development in the first half year burdened by seasonal effects and higher costs - Seite 2
year 2014. While the company still expects to grow revenues to between EUR
135 and EUR 145 million, it is reducing its EBIT forecast to between EUR 15
to EUR 25 million. The stated ranges also take account of statistical
fluctuations in payouts for the secondary lottery business.
Q1-2 2014 2013
Revenue EUR thousand 68.193 76.424
EBIT EUR thousand 5.993 21.441
Net profit EUR thousand 1.529 15.398
(Possible rounding differences due to presentation in EUR thousand)
The complete report on the first six months of 2014 is available online at
http://www.tipp24.co.uk/websites/tipp24/German/3000/publikationen.html
About Tipp24 SE: Tipp24 SE was founded in September 1999 and holds equity
interests in a number of companies in Spain and the UK which enable
participation in lottery-based games via the Internet, especially via the
websites www.ventura24.es, www.mylotto24.co.uk, www.tipp24.com and
www.geolotto.co.uk. From its foundation to the current day, Tipp24 has
generated stakes of 2.5 billion euros and thus contributed over 650 million
euros in taxes and duties. Following its successful IPO in 2005 (Prime
Standard), the company was admitted to the SDAX index in June 2009. In July
2012, German online brokerage activities were successfully spun off from
Tipp24 SE in the form of the company Lotto24 AG, which is listed separately
on the stock exchange. In February 2014, the company successfully completed
the relocation of its registered office to the UK, from where it plans to
drive the internationalisation of its business activities.
Press contact:
FTI Consulting
Dr. Lutz Golsch
Tel.: +49 (0)69 920 37 110
E-Mail: Lutz.Golsch@fticonsulting.com
Internet: www.tipp24.co.uk/presse/
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06.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Tipp24 SE
25 Southampton Buildings
WC2A 1AL London
United Kingdom
Phone: +44 (0)20 3739-7123
Fax: +44 (0)20 3739-7199
E-mail: frank.hoffmann@tipp24.co.uk
Internet: www.tipp24.co.uk
ISIN: GB00BHD66J44
WKN: TPP024
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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281185 06.08.2014
Revenue EUR thousand 68.193 76.424
EBIT EUR thousand 5.993 21.441
Net profit EUR thousand 1.529 15.398
(Possible rounding differences due to presentation in EUR thousand)
The complete report on the first six months of 2014 is available online at
http://www.tipp24.co.uk/websites/tipp24/German/3000/publikationen.html
About Tipp24 SE: Tipp24 SE was founded in September 1999 and holds equity
interests in a number of companies in Spain and the UK which enable
participation in lottery-based games via the Internet, especially via the
websites www.ventura24.es, www.mylotto24.co.uk, www.tipp24.com and
www.geolotto.co.uk. From its foundation to the current day, Tipp24 has
generated stakes of 2.5 billion euros and thus contributed over 650 million
euros in taxes and duties. Following its successful IPO in 2005 (Prime
Standard), the company was admitted to the SDAX index in June 2009. In July
2012, German online brokerage activities were successfully spun off from
Tipp24 SE in the form of the company Lotto24 AG, which is listed separately
on the stock exchange. In February 2014, the company successfully completed
the relocation of its registered office to the UK, from where it plans to
drive the internationalisation of its business activities.
Press contact:
FTI Consulting
Dr. Lutz Golsch
Tel.: +49 (0)69 920 37 110
E-Mail: Lutz.Golsch@fticonsulting.com
Internet: www.tipp24.co.uk/presse/
---------------------------------------------------------------------
06.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Tipp24 SE
25 Southampton Buildings
WC2A 1AL London
United Kingdom
Phone: +44 (0)20 3739-7123
Fax: +44 (0)20 3739-7199
E-mail: frank.hoffmann@tipp24.co.uk
Internet: www.tipp24.co.uk
ISIN: GB00BHD66J44
WKN: TPP024
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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281185 06.08.2014