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Q4 2023 Kindred Group PLC Earnings Call Transcript
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Good morning, everyone, and welcome to our earnings call this morning for Q4 and year end of 2023. My name is Nils Andén; I'm the CEO of the Kindred Group.
Today, we are going to run through some of the highlights for the quarter, do a short business overview, talk a little bit about the Kindred sportsbook platform, then I will hand over to Patrick Kortman, our interim CFO, to run through the financials for the quarter. And I will end up with a summary.
If we look at Q4 and 2023 as a whole, some of the highlights is, of course, very nice to see, that we came in at an underlying EBITDA for the full year of GBP204.5 million, which was in line with our 2023 financial guidance of at least GBP200 million in underlying EBITDA. We saw continued strong performance across our core markets here in Europe and a particularly solid growth in the casino segment.
For Q4, it's very nice to see the proof of our scalability as a business, as our underlying EBITDA reached GBP56.8 million, which is an increase of 45% compared to the same
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