Home / Casino / DGAP-Adhoc: mybet Holding SE: Forecast for financial year 2016 amended

DGAP-Adhoc: mybet Holding SE: Forecast for financial year 2016 amended

| Source: EQS Group AG


mybet Holding SE  / Key word(s): Change in Forecast

25.10.2016 17:10

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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mybet Holding SE: Forecast for financial year 2016 amended

Berlin, October 25, 2016. According to preliminary results for the third
quarter 2016 mybet Holding SE has generated group revenues of around EUR 35
million in the first nine months of the financial year 2016. Thus, the
third quarter showed a continuation of the negative trend in revenues from
the previous quarters. Due to this revenue development, meeting the current
revenue forecast is no longer realistic, even when taking into account a
possibly evolving positive impulse from the newly introduced IT platform at
the end of the year. Therefore mybet Holding SE reduces the existing
revenue forecast for the full year 2016. The CEO now expects group revenues
for the full year 2016 to be between EUR 43 and 46 million. The previous
forecast included annual revenues between EUR 59 and 62 million.

The EBIT forecast remains unchanged still providing positive low-seven-
figure EBIT (incl. effects of the pferdewetten.de transaction).


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Information and Explanation of the Issuer to this News:

mybet Holding SE
The mybet Group, licensed in several European countries to offer sports
betting and online casino games, has its registered office in Berlin and
locations in Hamburg, Cologne and Malta. mybet offers its betting and
gaming products over the internet platforms mybet.com and mybet.de as well
as at physical betting shops operating under a franchise system. In
addition, the group supplies regional betting providers in Europe and
Africa as a B2B service provider.
mybet Holding SE is the parent company of the mybet Group. The shares of
mybet Holding SE (ISIN DE000A0JRU67) are listed on the Frankfurt Stock
Exchange in the Prime Standard.
For further information, visit www.mybet-se.com

Contact
mybet Holding SE
Sebastian Bucher
Investor & Public Relations

tel  +49 30 22 90 83 161
fax +49 30 22 90 83 150
e-mail  sebastian.bucher@mybet.com

25.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      mybet Holding SE
              Jägersberg 23
              24103 Kiel
              Germany
Phone:        +49 30 22 90 83 100
Fax:          +49 30 22 90 83 150
E-mail:       ir@mybet.com
Internet:     www.mybet-se.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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