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LeoVegas AB (publ) (LEOV.ST)

LEOV.ST on Stockholm Stock Exchange

85.25SEK
12 Dec 2017
Change (% chg)

1.00kr (+1.19%)
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Latest Key Developments (Source: Significant Developments)

LeoVegas Invests In The Leading Streaming Network Casinogrounds
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - LEOVEGAS AB (PUBL) ::REG-LEOVEGAS INVESTS IN THE LEADING STREAMING NETWORK CASINOGROUNDS.‍TO ACQUIRE 51% OF SHARES IN GAMEGROUNDS UNITED AB​.‍PURCHASE PRICE IS SEK 30 MILLION, WITH A POTENTIAL, MAXIMUM EARN-OUT PAYMENT OF SEK 15 MILLION.​.‍ACQUISITION IS EXPECTED TO CLOSE ON 1 JANUARY 2018.​.  Full Article

LeoVegas Q3 EBITDA down at EUR 7.6 million
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - LEOVEGAS AB (PUBL) ::Q3 REVENUE EUR 55.6‍​ MILLION VERSUS EUR 39.7 MILLION YEAR AGO.Q3 EBITDA EUR 7.6‍​ MILLION VERSUS EUR 9.8 MILLION YEAR AGO.SHORT-TERM TARGETS FOR 2018 HAVE BEEN REMOVED AS A RESULT OF ACQUISITION OF ROYAL PANDA‍​.HAS SET LONG-TERM TARGET TO PAY DIVIDEND OF AT LEAST 50 PERCENT OF PROFIT AFTER TAX.  Full Article

LeoVegas enters into agreement to buy gaming operator Royal Panda
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Leovegas Ab (Publ) ::REG-LEOVEGAS ENTERS INTO AGREEMENT TO ACQUIRE GAMING OPERATOR ROYAL PANDA, OBTAIN DEBT FINANCING OF EUR 100 MILLION AND ADJUSTS FINANCIAL TARGETS.LEOVEGAS AB (PUBL) SAYS ‍ACQUISITION IS BEING MADE FOR A PURCHASE PRICE OF EUR 60 MILLION WITH A POSSIBLE EARN-OUT PAYMENT OF AN ADDITIONAL EUR 60 MILLION​.LEOVEGAS AB (PUBL) SAYS ‍HAS OBTAINED DEBT FINANCING OF EUR 100 MILLION, OF WHICH EUR 40 MILLION CONSTITUTES A REVOLVING CREDIT FACILITY​.LEOVEGAS AB (PUBL) SAYS ‍LEOVEGAS BOARD OF DIRECTORS HAS ADJUSTED COMPANY'S FINANCIAL TARGETS​.  Full Article

Leovegas granted gaming licence for Irish market
Friday, 10 Feb 2017 

LeoVegas AB (Publ) : LeoVegas granted gaming licence for the Irish market .Launch is expected to take place in Q1 2017 and will be handled by LeoVegas' current organisation and existing resources.  Full Article

LeoVegas receives gaming licence for Danish market
Wednesday, 5 Oct 2016 

LeoVegas AB (publ) : Has been granted gaming licence for Danish market .Launch is expected to take place during autumn.  Full Article

Leovegas Q2 EBITDA loss widens to EUR 2.5 million
Wednesday, 10 Aug 2016 

Leovegas Publ AB : Q2 revenue 31.0 million euros ($34.6 million) versus 18.5 million euros year ago . Q2 customer deposits up by 79 pct to 100.6 million euros versus 56.3 million euros year ago . Q2 EBITDA loss 2.5 million euros versus loss 0.5 million euros year ago . Long-term target for 2018: long-term EBITDA margin of at least 15 pct with assumption that 100 pct of revenue will be generated in regulated markets in which gambling taxes are assessed . Long-term targets for the full year 2018: to reach 300 million euros in net sales in 2018 . Long-term targets for the full year 2018: long-term organic growth higher than the online gaming market . Long-term targets for the full year 2018: to achieve an EBITDA margin of about 15 pct in 2018 .Long-term targets for the full year 2018: over time to distribute at least 50 pct of profits.  Full Article

LeoVegas Q1 EBITDA swings to loss EUR 1.3 million
Wednesday, 11 May 2016 

LeoVegas publ AB : Q1 revenue 29.5 million euros ($33.60 million) versus 15.9 million euros year ago . Q1 EBITDA loss 1.3 million euros versus profit 0.2 million euros year ago . Long-term target for 2018: To reach 300 million euros in net sales in 2018 . Long-term target for 2018: Long-term organic growth higher than the online gaming market . Long-term target for 2018: To achieve an EBITDA margin of about 15 pct in 2018 . Long-term target for 2018: A long-term EBITDA margin of at least 15 pct with the assumption that 100 pct of revenue will be generated in regulated markets in which gambling taxes are assessed .Long-term target for 2018: Over time to distribute at least 50 pct of profits.  Full Article

LeoVegas AB publ offering significantly over-subscribed
Thursday, 17 Mar 2016 

LeoVegas AB publ:Offering was significantly over-subscribed.Trading on Nasdaq First North Premier commences March 17 ‍.Price in offering is set to 32 Swedish crowns, corresponding to a market value of LeoVegas of 3,190 million crowns​ ‍.Total value of offering amounts to about 1,035 million crowns, assuming over-allotment option is exercised in full​ ‍.Settlement is scheduled for March 21, 2016.Will receive gross proceeds of about 187 million crowns following the Offering.  Full Article