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mybet Holding SE publishes preliminary figures for 2015 financial year

DGAP-News: mybet Holding SE / Key word(s): Preliminary Results
mybet Holding SE publishes preliminary figures for 2015 financial year

31.03.2016 / 08:40
The issuer is solely responsible for the content of this announcement.

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- Adjusted revenue of EUR 69.2 million broadly at prior-year level

- Even in absence of major sporting event, steady betting stakes in core
segment Sports Betting

- Clear growth in mobile area: betting stakes almost quadrupled compared
with previous year

- Earnings under pressure by non-recurring factors

- HERA project progressing successfully: new IT platform expected to go
live in Q2 2016

- Expected 2016 revenue growth of between 8 and 12 percent at a positive
operating EBIT

Kiel, March 31, 2016 - mybet Holding SE (Deutsche Börse Prime Standard,
ISIN DE000A0JRU67) today publishes the preliminary figures for the 2015
financial year. Due to unforeseen organisational bottlenecks, publication
of the full, audited Annual Report is now anticipated at the start of April
2016.

The focus for the 2015 financial year was clearly on the guiding principle
of "Product and Customer First". Part of this involved successfully
maintaining the change process kicked off in the previous year and
launching the HERA project at the end of the first half of 2015. In
particular, progress was made with expanding the product range, the core
processes and organisational structure of the group were optimised, and the
introduction of a new, high-performance IT platform was progressed.
Business operations were stable compared with the previous year, while
non-recurring effects significantly eroded the result for the period.

2015 financial year

The adjusted, preliminary total revenue for the period came to EUR 69.2
million (previous year: EUR 70.4 million). This was adjusted to reflect the
year-on-year change in the reporting approach for hold and revenue as a
result of the switch to a B2B model for the contractual agreements with
partners in Ghana as well as the sale of the group company C4U-Malta Ltd
(hereinafter: C4U). The Management Board and Supervisory Board of mybet had
approved this sale as part of the strategic focus on sports betting and
casino as the core business areas.

The increased measures to reactivate existing customers had done much to
keep the revenue performance on an even keel in the 2015 financial year: in
the period under review the adjusted betting stakes in the core area of