SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Significant increase in profit for Betsson – increased dividend

» Published: 06 February 2025, 07:45

Significant increase in profit for Betsson – increased dividend
Photo: Kirsty Wigglesworth/AP/TT

The gaming company Betsson significantly increased its profit during the fourth quarter. The operating profit of 70 million euros was 23 percent better than the same period the previous year.

"When we add 2024 to the records, we can conclude that it was the best year ever for Betsson. The year was characterized by high growth, improved profitability, and strategic investments in line with our long-term goals," writes CEO Pontus Lindwall in the annual report.

Revenues simultaneously increased by 22 percent to over 300 million euros, where a significant increase in sportsbook revenues, i.e. betting on various sports events and matches, is particularly notable.

The board of directors is now proposing an ordinary dividend of 0.657 euros, approximately 7.50 Swedish kronor, and an extra dividend of 0.10 euros, approximately 1 krona.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Fabege's CEO is retiring – going into pension
1 MIN READ

Fabege's CEO is retiring – going into pension

The Market: Maximum One Interest Rate Cut
2 MIN READ

The Market: Maximum One Interest Rate Cut

Rally for Volvo Cars on the Stockholm Stock Exchange
1 MIN READ

Rally for Volvo Cars on the Stockholm Stock Exchange

Lower electricity prices squeeze Vattenfall's profit
2 MIN READ

Lower electricity prices squeeze Vattenfall's profit

Increased profit for Astra Zeneca
1 MIN READ

Increased profit for Astra Zeneca

Large Inflation Surge – May Erase Interest Rate Cut
3 MIN READ

Large Inflation Surge – May Erase Interest Rate Cut

Boliden cancels dividend payment
1 MIN READ

Boliden cancels dividend payment

Significantly Increased Profit for Apotea
1 MIN READ

Significantly Increased Profit for Apotea

Volvo Cars: 2025 will be a transitional year
2 MIN READ

Volvo Cars: 2025 will be a transitional year

Slow going for wind power – "extremely difficult to make it work"
2 MIN READ

Slow going for wind power – "extremely difficult to make it work"

Happy miners on Asia's stock exchanges
1 MIN READ

Happy miners on Asia's stock exchanges

Tesla's sales plummet in Germany
1 MIN READ

Tesla's sales plummet in Germany

Wall Street rose in volatile trading
2 MIN READ

Wall Street rose in volatile trading

IMF: Sweden should consider property tax
2 MIN READ

IMF: Sweden should consider property tax

Major Banks Increase Dividend to 115 Billion
2 MIN READ

Major Banks Increase Dividend to 115 Billion

Cross-stop for Harley Davidson
1 MIN READ

Cross-stop for Harley Davidson

Food prices haunt inflation
2 MIN READ

Food prices haunt inflation

Disney+ loses viewers
1 MIN READ

Disney+ loses viewers

Apple risks Competition Probe in China
2 MIN READ

Apple risks Competition Probe in China

The EU tightens its tone against Temu and Shein
1 MIN READ

The EU tightens its tone against Temu and Shein