Betsson shares fall almost 18 percent after profit warning

Betsson's preliminary estimates show a sharp drop in profits for the fourth quarter of last year, to an operating profit of EUR 53 million. This compares with EUR 70 million for the corresponding quarter in 2024.

Revenue is estimated to remain at EUR 304 million, down from EUR 307 million.

Analysts had expected a sales boost and an increase in profit. Headwinds in the Nordics and Eastern Europe and higher personnel costs are cited as contributing factors to the downward trend in sales and profit.