$ £

Playtech Financials Reveal

Internet betting software developer Playtech plc has published its full year financial results, noting large revenue growth of 24%.

Key financial indicators for the full year ending December 31st, 2014 were:

  • Revenue up 24 percent to a record Euro 457 million (2013: Euro 367.2 million)

  • Adjusted EBITDA up 30 percent to a record Euro 207.1 million (2013: Euro 159.4 million)

  • Adjusted net profit attributable to the owners of the parent up 29 percent to Euro 190.8 million (2013: Euro 148.3 million)

  • Reported net profit attributable to the owners of the parent Euro 140.3 million (2013: Euro 488.6 million)

  • Adjusted basic EPS up 28 percent to 65 Euro cents per share (2013: 50.7 Euro cents per share)

  • Cash balances at year end of Euro 692.3 million (2013: Euro 527.4 million)

  • Recommended final dividend of 17.5 Euro cents (2013: 15.4 Euro cents), giving a total 2014 dividend of 26.4 Euro cents (2013: 23.2 Euro cents)

Corporate highlights for the year were:

  • Completion of Ladbrokes migration to Playtech’s full product suite and IMS infrastructure;

  • Industry-first roll-out of a single log-in omni-channel solution to Coral betting shops;

  • Signed agreement with Holland Casino for the provision of casino, Live, bingo and poker ahead of forthcoming regulations in the Netherlands, following a competitive tender;

  • Structured agreements signed and launched with Caliente in Mexico and RCS Media in Italy, and a turnkey solution for Trinity Mirror in the UK;

  • Acquisition of Aristocrat Lotteries, creating the world’s largest VLT software business;

  • Acquired a 33.3 percent stake in BGO, gaining access to a game design studio enabling the creation of new content for Playtech’s software platform;

  • Launched games at the following casinos: Ladbrokes, Gala, SkyBet

  • Launched mobile poker in France

  • Launched in the countries of Spain and Belgium

Share this