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Tipp24 forecasts growth in 2014; readies international expansion

26th March 2014 1:25 pm GMT

German lottery brokerage operator Tipp24 said Wednesday that it expects to return to growth this year, having seen revenue fall by 9 per cent to €129.9m and net profit slump 75 per cent to €40.9m in 2013.

Tipp24 CEO Hans Cornehl said that 2013 was a “successful year” from both a strategic and operational perspective, with the company laying the foundation for a “successful repositioning” on the international lottery market.

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