Tag Archives: Henrik Tjärnström

Proven Player… Kindred Group delivers exceptional growth for 2017 trading

SBC News Proven Player... Kindred Group delivers exceptional growth for 2017 trading

Stockholm-listed European online gambling operator Kindred Group Plc, closes a successful and transformative 2017, as the company records a further ‘all-time high’ performance for its Q4 2017 trading. Publishing its ‘unaudited’ Q4 and full-year 2017 trading update (period ending 31 December), Kindred governance details a strong end of year trading which saw the company generate Q4 gross winnings of £238 …

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Home crunch triggers FTSE bookmakers’ Australian arms race

SBC News Home crunch triggers FTSE bookmakers' Australian arms race

FTSE bookmaker William Hill Plc has lit-up the Australian gambling market, by confirming that it has entered ‘in-depth discussions’ with Crown Resorts to acquire its controlling 62% stake in online betting subsidiary Crownbet. The cumbersome merger of Tabcorp-Tatts has dominated the Australian betting industry’s agenda and context in 2017, however, seeking to expand its international assets William Hill may have …

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Kindred Group looks to make inroads Down Under with new marketing drive

SBC News Kindred Group looks to make inroads Down Under with new marketing drive

Online gambling operator Unibet, part of the Malta-based Kindred Group, intends to use aggressive marketing techniques to increase its share in the Australian gambling market, according to The Australian Financial Review.   Despite entering the market back in 2012 after purchasing local firm Betchoice, Unibet is still relatively small in the Australian market, particularly in comparison to the likes of …

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Kindred Group commits to Stockholm ‘Urban Escape’ office migration

SBC News Kindred Group commits to Stockholm 'Urban Escape' office migration

European online gambling firm Kindred Group Plc has confirmed that it will move its ‘home’ Stockholm office to new premises within the ‘Urban Escape Project’ in central Stockholm, a business property currently being developed by AMF Fastigheter. Updating stakeholders, Kindred details that it has agreed to terms with AMF Fastigheter with a view to move its Stockholm operations to the ‘Urban …

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Up the Tempo… Enlarged Kindred Group delivers ‘All Time High’ trading quarter for Q3 2017

SBC News Up the Tempo... Enlarged Kindred Group delivers 'All Time High' trading quarter for Q3 2017

Presenting its Q3 trading update (period ending 30 September), an enlarged Kindred Group Plc continues to deliver for its investors, declaring an ‘all-time high’ quarter for revenue and profits. Trading against a tough Q3 2106 comparative period (featuring Euro 2016),  Stockholm-listed Kindred Group would generate group revenues of £194 million up 36% on Q3 2016’s £142 million. Year-to-date Kindred has surpassed …

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Marketing & acquisition savvy Kindred Group gains H1 2017 performance rewards

SBC News Marketing & acquisition savvy Kindred Group gains H1 2017 performance rewards

Presenting its H1 2017 interim results (period ending 30 June), Stockholm-listed European online gambling operator Kindred Group Plc has reported ‘strong organic growth’ delivered through its marketing and acquisition investments. Kindred governance was pleased to announce a further consecutive interim period of corporate growth against a tough set of 2016 comparable metrics. The operator would report H1 2017 group revenues …

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Kindred completes £175 million acquisition of 32Red

SBC News Kindred completes £175 million acquisition of 32Red

Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February). The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market. Kindred governance informs that it has attributed …

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Henrik Tjärnström – Kindred has UK sights following 32 Red acquisition

SBC News Henrik Tjärnström - Kindred has UK sights following 32 Red acquisition

Presenting Q1 2017 results, Kindred Group CEO Henrik Tjärnström has stated his firm will move to become a UK market player following the acquisition of 32 Red Plc for £175 million (deal announced February 2017). Kindred’s leader was pleased to have secured his firm’s thirteenth online gambling brand, adding a further renowned asset to Kindred’s regulated market portfolio. Tjärnström told …

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Kindred posts strong 2017 opening momentum as group prepares for 32 Red enlargement

SBC News Kindred posts strong 2017 opening momentum as group prepares for 32 Red enlargement

Stockholm-listed operator, Kindred Group Plc has declared a strong start to 2017 as the company benefits from an enlarged European sports betting and igaming portfolio of brands and assets. Publishing its ‘unaudited Q1 2017’ interim results Kindred would declare a consecutive ‘all-time’ high in group revenues of £153 million up 25% on corresponding 2015’s £122 million. Kindred governance detailed that …

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Enlarged Kindred Group hits all metric highs for full-year 2016

SBC News Enlarged Kindred Group hits all metric highs for full-year 2016

Releasing its unaudited year-end report, Stockholm-listed European sports betting operator Kindred Group Plc (formerly Unibet Group Plc) is likely break it all-time revenue and earnings performance for full-year 2016. The enlarged operator was able to post a further consecutive all-time revenue generating quarter of £152 million for Q4 2016 (Q4 2015: £111 million). Kindred would record a period underlying EBITDA of …

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