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Unibet posts record profit for 2013

11th February 2014 9:46 am GMT

Strong revenue growth from Unibet’s business in Western Europe has helped the Stockholm-listed operator to post a 15 per cent rise in Q4 earnings and a 19 per cent increase in full-year revenue.

Gross winnings revenue (GWR) for the fourth quarter of 2013 amounted to £65.2m, up from £56.9m a year ago, with the full-year figure increasing to £234.7m from £197.2m. This led to earnings before interest, tax, depreciation and amortisation (EBITDA) rising 21 per cent [...]

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