Edition:
United Kingdom

LeoVegas AB (publ) (LEOV.ST)

LEOV.ST on Stockholm Stock Exchange

64.10SEK
14 Aug 2018
Change (% chg)

1.10kr (+1.75%)
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63.00kr
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Volume
537,438
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116.40kr
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59.75kr

Latest Key Developments (Source: Significant Developments)

LeoVegas Apr-June EBITDA Was EUR 15 mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - LeoVegas AB (publ) ::1 APRIL-30 JUNE 2018 REVENUE INCREASED BY 76% TO EUR 87.4 M (49.7).APR-JUNE EBITDA WAS EUR 15.0 M (6.1).SAYS WE GENERATED A RECORD PROFIT DURING QUARTER.NEW FINANCIAL TARGETS FOR 2020.SAYS MAIN EXPLANATION IS LOWER MARKETING COSTS.GOAL IS TO ACHIEVE REVENUE OF AT LEAST EUR 600 M AND EBITDA OF AT LEAST EUR 100 M IN 2020."DURING Q3 WE EXPECT MARKETING IN RELATION TO REVENUE TO BE AT ROUGHLY SAME LEVEL AS DURING Q2.".SAYS JULY HAS STARTED OUT WITH NET GAMING REVENUE (NGR) OF EUR 26.4 M (18.3).  Full Article

LeoVegas Q2 Preliminary EBITDA At EUR 15 Million
Wednesday, 18 Jul 2018 

July 18 (Reuters) - LEOVEGAS AB (PUBL) ::REG-LEOVEGAS AB: PRELIMINARY RESULTS FOR THE SECOND QUARTER 2018 HIGHER THAN EXPECTED.EBITDA FOR Q2 OF 2018 AMOUNTS TO APPROXIMATELY EUR 15 MILLION.REVENUE FOR Q2 AMOUNTS TO APPROXIMATELY EUR 87 MILLION..MARKETING COSTS ARE EXPECTED TO AMOUNT TO APPROXIMATELY EUR 30 MILLION.  Full Article

Leovegas Concludes Partnership With Frank Andersson
Tuesday, 22 May 2018 

LeoVegas AB (publ) ::LEOVEGAS CONCLUDES PARTNERSHIP WITH FRANK ANDERSSON.PARTNERSHIP IS BEING CONCLUDED IN CONNECTION WITH RECENT LAUNCH BY LEOVEGAS OF A NEW COMMUNICATION CONCEPT.  Full Article

LeoVegas Recruits New CFO
Monday, 7 May 2018 

May 7 (Reuters) - LEOVEGAS AB (PUBL) ::REG-LEOVEGAS RECRUITS STEFAN NELSON AS NEW CFO.NELSON WILL START AS CFO 22 OF AUGUST.  Full Article

LeoVegas Aims At EBITDA Of At Least EUR 100 Mln by 2020
Thursday, 19 Apr 2018 

April 19 (Reuters) - LeoVegas AB (publ) ::IS TARGETING AT LEAST EUR 600 M IN REVENUE BY 2020.FINANCIAL TARGETS FOR 2020.SEES AT LEAST EUR 100 M IN EBITDA BY 2020.TARGET IS TO PAY A DIVIDEND OF AT LEAST 50% OF PROFIT AFTER TAX.  Full Article

LeoVegas Enters Into Agreement To Buy UK Casino Operator
Friday, 12 Jan 2018 

Jan 12 (Reuters) - LEOVEGAS AB (PUBL) ::REG-LEOVEGAS ENTERS INTO AGREEMENT TO ACQUIRE RAPIDLY GROWING UK CASINO OPERATOR FOR GBP 65 MILLION.ACQUISITION WILL BE FINANCED BY CASH AND FROM EXISTING DEBT FACILITIES FOR CONSIDERATION OF GBP 65.0 MILLION (EUR 73.5 MILLION).  Full Article

LeoVegas Unit Enters Agreement With Foxwoods Resort Casino​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Leovegas Ab (Publ) ::‍LEOVEGAS' SUBSIDIARY AUTHENTIC GAMING HAS ENTERED INTO AN AGREEMENT WITH FOXWOODS RESORT CASINO​.  Full Article

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

BRIEF-LeoVegas Recruits New CFO

* NELSON WILL START AS CFO 22 OF AUGUST Source text for Eikon: Further company coverage: (Gdynia Newsroom)