Mybet Holding SE Raises Earnings Guidance for the Year 2017
May 24, 2017 at 04:57 am EDT
mybet Holding SE raised earnings guidance for the year 2017. For the year, the new forecast, with an unchanged revenue target of EUR 44.5 to 47 million, holds out the prospect of an EBIT between EUR 4.5 to 5.5 million. Until now, the forecast had included a revenue of EUR 44.5 to 47 million, an LBIT between EUR 3.2 and 2.7 million. The reason for the raise of the earnings forecast is the out-of-court settlement agreed on and announced on 15 May 2017 with Westdeutsche Lotterie GmbH & Co. OHG (Westlotto) in the legal proceedings about damage claims for cartel infringement.