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Svenska Spel Releases 2012 Fiscal Report

Sweden's state owned gaming firm Svenska Spel has released its full year 2012 fiscal report, noting overall market growth despite claiming its bottom line was damaged by unlicensed gaming operators.

Key financial indicators for the full year ending December 31st were:

  • Net Profit of SEK 5,138 million, up SEK 132 million over 2011 or 2.6%.

  • Net gaming revenue for the group rose to SEK 9,815 million (FY2011: SEK 9,687 million), an increase of 1.3%.

  • Operating profit for the Group was SEK 5,083 million (FY2011: SEK 4,940 million), an increase of 2.9%.

  • Operating margin was 22.0% (FY2011: 21.9%).

Fourth quarter key financial indicators were:

  • Net gaming revenue for the group rose to SEK 2,707 million (Q4/2011: SEK 2,689 million), an increase of 0.6%.

  • Operating profit for the Group was SEK 1,439 million (Q4/2011: SEK 1,356 million), an increase of 6.1%.

  • Profit for the Group was SEK 1,459 million (Q4/2011: SEK 1,378 million), an increase of 5.9%.

  • Operating margin was 23.0% (Q4/2011: 21.9%).

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