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