Jul 19, 2024 / 07:00AM GMT
Pontus Lindwall - Betsson AB - President, Chief Executive Officer, Director
Welcome to the Betsson's earnings presentation for the second quarter of 2024. My name is Pontus Lindwall, and I'm the CEO of Betsson. With me today is also our CFO, Martin Ohman.
This slide shows some of the key figures for the second quarter. The high customer activity continued throughout the entire quarter, and as expected, the EUROs and Copa America contributed positively in June. It was great to see the active customers increased by 25% and that deposits increased by 15% year over year.
We saw continued good revenue growth and improved profitability with new records in both revenue and operating income in the quarter. The growth in the quarter was primarily driven by the B2C operations. Revenue increased by 15% year over year to EUR271 million and operating income increased by 18% to EUR64 million.
The operating margin strengthened to 23.6%. And worth mentioning is that this was our 10th consecutive quarter with increasing operating income. I'm particularly pleased to report a stronger operating
Q2 2024 Betsson AB Earnings Call Transcript
Jul 19, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers