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Unibet Releases Full Year 2013 Financial Results

Swedish internet casino Unibet has released its financial results for the full year 2013, noting an increase in Gross Winnings Revenues and Profit After Tax.

Key financial indicators for the period ending December 31st, 2013 were:

  • Gross Winnings Revenue of £234.7 million (FY2012: £197.2 million)

  • EBITDA of £63.4 million (FY2012: £52.5 million)

  • Profit before tax amounted to £44.5 million (FY2012: £34.2 million), up 25%

  • Profit after tax amounted to £40.1 million (FY2012: £31.6 million)

  • Earnings per share were £1.434 (FY2012: £1.132)

  • Operating cash flow before movement s in working capital amounted to £63.8 million (FY2012: £51.1 million)

  • Number of active customers was 516,799 (2012: 491,958)

Commenting on his firm's performance Unibet CEO Henrik Tjärnström said, “Unibet’s focus on re-regulated markets demonstrates that it is possible to drive efficiency and increased profitability while reducing overall corporate risk.”

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