Kindred : publishes its Annual and Sustainability Report for 2023
March 13, 2024 at 09:09 am EDT
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Published: 2024-03-13 14:00:00 CET
Kindred Group plc
Annual Financial Report
Kindred publishes its Annual and Sustainability Report for 2023
Kindred Group has today published its combined Annual and Sustainability Report for the 2023 financial year. The report can be accessed on Kindred Group's website www.kindredgroup.com.
Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2023 financial year. The report provides an introduction to Kindred as a company and the Group's strategy and key value creation drivers.
In his CEO comment, Nils Andén summarises the year and highlights Kindred's focus going forward; "The geopolitical situation across Europe and other parts of the world continues to bring unrest, and during this time we have remained focused and supported each other when needed. Kindred is an extremely successful growth story over the years, partly thanks to our ability to come together as a team, and we remain committed to our purpose of transforming gambling by being a trusted source of entertainment that contributes positively to society."
"At the beginning of 2023, we promised to reach an underlying EBITDA of at least GBP 200 million by the end of the year - a fairly bold target at the time. I am extremely proud of everyone at Kindred as we managed to meet that target. Knowing that we can achieve what we set our mind to, as long as we remain focused and consistent, we have agreed with our Board to deliver an underlying EBITDA of GBP 250 million by the end of 2024", continues Nils Andén.
Kindred's Annual General Meeting will be held on 26 April 2024 at 10.00 CEST in Stockholm, Sweden.
The 2023 Annual and Sustainability Report and Accounts, prepared using the single electronic reporting format specified in the Transparency Directive ESEF Regulation, can be accessed on the Group's website at the followinglink.
Attached to this Company Announcement is the Directors' Declaration on ESEF Annual Financial Reports.
As part of Kindred's ambition to reduce the company's environmental impact, the Annual and Sustainability Report 2023 is only made available in a digital format.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 13-03-2024 14:00 CET.
For more information:
Alexander Westrell, Director of Communications
press@kindredgroup.com
+46 73 7071686
Patrick Kortman, Interim CFO
+46 72 3877438
ir@kindredgroup.com
About Kindred Group
Kindred Group is one of the world's leading online gambling operators with business across Europe, North America and Australia, offering over 30 million customers across 9 brands a great form of entertainment in a safe, fair and sustainable environment. The company, which employs approximately 2,500 people, is listed on Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting Association (EGBA) and founding member of IBIA (International Betting Integrity Association). Kindred Group is audited and certified by eCOGRA for compliance with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.
Nasdaq Stockholm, KIND-SDB
Kindred ARA2023 press release
Attachments:
03135135.pdf
Directors Declaration - SIGNED.pdf
Kindred publishes its Annual and Sustainability Report for 2023.pdf
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Kindred Group plc is an online gambling operator. The primary business is its business-to-consumer (B2C) online gambling business. The B2C business operates across Europe, Australia and North America and offers sports betting (including horse racing), casino and games, poker and other products (including bingo) through several brands. The Company's brands include 32Red, Bingo.com, Casinohuone, Kolikkopelit, Maria Casino, Highroller, Unibet, Vlad Cazino and Ottokasino. The 32Red brand offers personalized and exclusive gaming experiences. 32Red delivers more than 400 of the casino slot games. The Bingo.com brand offers a selection of both bingo, casino and live casino games. The Casinohuone brand offers a full-house gaming experience, such as casino, poker, lotto and bingo. The Unibet brand offers a premium all-product gambling experience, a range of sports betting events, Casino and Games, Poker and Bingo in 20 different languages across more than 100 countries.