April 27, 2017 / 7:03 AM / 3 months ago

BRIEF-Betsson beats EBIT forecasts Q1

1 Min Read

April 27 (Reuters) - Betsson AB

* Q1 revenue increased by 10.2 percent to SEK 1,102 million Casino revenue increased by 23.0 percent.

* Says Q2 is normally seasonally weak

* Says quarter has started with higher revenues than daily average for Q2 last year, but lower than daily average revenue for Q1 2017

* Says underlying activity remains strong

* Q1 EBIT SEK 240.9 million (250.1)

* Reuters poll: Betsson Q1 revenues were seen at SEK 1,116 million , operating income SEK 227 million Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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