Kindred reports strong Q1 despite Swedish market re-regulation
Revenue from mobile grew 17%, to £173.8m, which amounted to 77% of Kindred’s total revenue. Profit before tax dropped 13% year-on-year to £17.7m. Revenue from the Swedish market for the quarter amounted to SEK 207.4 ($22m). Kindred saw an all-time high in active customers during the quarter, reaching 1,631,636. Henrik Tjärnström, Kindred Group CEO, said: […]
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