Super Group has increased its full-year revenue guidance for 2024 from €1.55 billion to €1.6 billion, following a strong performance in the first two months of the final quarter.
The operator has also increased its full-year ex-US adjusted EBITDA guidance from €345 million to over €360 million.
In light of the strong performance, Super Group’s board has declared a special cash dividend of 15¢ per share, payable on 8 January 2025 to shareholders of record as of the close of business on 23 December 2024.
This dividend, combined with the initial 10¢ per share paid in July, takes the overall shareholder dividend declared for the year to 25¢ per share.
“I’m very proud of our performance this year and delighted we are in a position to raise our full-year revenue and ex-US Adjusted EBITDA guidance again while announcing another dividend for 2024,” said Super Group CEO Neal Menashe.
“We have consistently said that we will consider returning excess cash to shareholders, and the outstanding performance of the business throughout 2024, alongside the continued strength of our balance sheet, has given us the platform to be able to do this.
“It has been a super year for Super Group and we look forward to building on this success as we move into 2025.”
Shares in SGHC Ltd. (NYSE:SGHC) gained 5.44 per cent to close at $6.98 per share in New York Tuesday.