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    DGAP-News  483  0 Kommentare ZEAL to pay total dividends of EUR 2.80 per share in 2015 - Seite 2



    Strong operating cash flow and solid financial position

    Cash flow from operating activities increased by 38 percent to EUR 23.1
    million (prior year: EUR 16.8 million). This was mainly driven by lower tax
    payments. As of December 31, 2014 ZEAL had cash, pledged cash and short
    term deposits of EUR 108.1 million (prior year: EUR 156.1 million). The net
    cash position of EUR 39.6 million was significantly lower year-on-year due
    to the pay-out of the special interim dividend of EUR 7.50 per share in
    April, which totalled EUR 62.9 million. The company continues to have
    sufficient financial headroom to pursue its business development and growth
    initiatives.

    Annual dividends expected to amount to a total of at least EUR 2.80 from
    2015 onwards

    Going forward, the Executive Board has proposed, and the Supervisory Board
    has approved, with immediate effect, a revised dividend policy under which
    the company will pay regular interim dividends.

    Jonas Mattsson, Chief Financial Officer of ZEAL: "Against the background of
    ZEAL's promising business perspectives, we intend to pay sustainable annual
    dividends of a total of at least EUR 2.80 from 2015 onwards, provided that
    the company's financial position and performance enables such a dividend.
    Dividends shall be paid in quarterly instalments. We resolved to pay the
    first interim dividend of EUR 0.70 per share on March 31, 2015."

    Strategic growth initiatives progressing as planned

    In addition to the successful consumer-facing secondary lottery business
    operated independently by the MyLotto24 sub group, ZEAL has pressed ahead
    with its growth initiatives in its other two business areas.

    Under the Lottovate and Lotto Network brands, ZEAL offers digital services
    to licensed lottery operators and private business partners in various
    international markets. In 2014, the company was able to significantly grow
    the online channel of the ONCE lottery in Spain operating as a digital
    service partner. In the UK, ZEAL runs online lotto games for football clubs
    such as Arsenal London.

    In the third business area, ZEAL aims to organise own lotto games in the
    medium term. Geo24, a joint venture with the minority participation
    Geonomics, optimised the innovative online lotto game GeoLotto for the UK
    consumer market and launched the revised product in September 2014.

    Outlook: ZEAL anticipates improvement in profitability in 2015

    The company continues to see attractive growth opportunities in its target
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    DGAP-News ZEAL to pay total dividends of EUR 2.80 per share in 2015 - Seite 2 DGAP-News: ZEAL Network SE / Key word(s): Final Results ZEAL to pay total dividends of EUR 2.80 per share in 2015 26.03.2015 / 07:22 --------------------------------------------------------------------- - Revenue in 2014 up 8.3 percent to EUR …

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