Tipp24 SE: Return to previous EBIT and revenue forecast

Tipp24 SE / Key word(s): Change in Forecast
01.09.2014 22:24

Dissemination of a Ad-hoc-correction according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

The management of MyLotto24 Limited, a fully consolidated minority shareholding of Tipp24 SE, has withdrawn its report to Tipp24 SE of a jackpot win of approximately EUR 44 million, which was announced on 31 August 2014. MyLotto24 Limited has stated that the win had been reported mistakenly, which was discovered in the course of further routine checks.
As a result, Tipp24 reinstates its previous forecast for the current fiscal year, which had been published on 6 August 2014. The company expects revenues of EUR 135-145 million and an EBIT of EUR 15-25 million. The stated ranges take account of statistical fluctuations in payouts for the secondary lottery business.


01.09.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

 
Language:     English
Company:      Tipp24 SE
              25 Southampton Buildings
              WC2A 1AL London
              United Kingdom
Phone:        +44 (0)20 3739-7123
Fax:          +44 (0)20 3739-7199
E-mail:       frank.hoffmann@tipp24.co.uk
Internet:     www.tipp24.co.uk
ISIN:         GB00BHD66J44
WKN:          TPP024  
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
End of Announcement DGAP News-Service  

---