32 Red increases its 2015 final dividend by 21.4%

DividendMax Ltd.

32 Red increases its 2015 final dividend by 21.4%

Key highlights:

 

·    Record revenue performance with total net gaming revenues up 52%

·    Strong organic revenue growth, accelerating throughout the year

·    Successful integration of Roxy Palace, acquired in July 2015

·    80% of net gaming revenues derived from regulated and taxed markets

·    Mobile revenues up 71% on 2014, representing 44% of total casino revenues (2014: 32%)

·    Marketing spend ROI metrics continued to strengthen in 2015

·    Further solid progress in Italy, expected to break even in 2016

·    Recommended final dividend of 1.7p per share (2014: 1.4p) bringing full ordinary dividend for the financial year to 2.8p (2014: 2.4p) in addition to Special Dividend of 3.0p per share declared on 10 February 2016

·    Strong start to 2016 with like-for-like net gaming revenues for the first nine weeks of the year up 35% on the same period in 2015 and up 66% including the contribution from Roxy Palace

 

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