888 holdings increases its 2014 full year dividend by 7.1% in $ terms

DividendMax Ltd.

888 holdings increases its 2014 full year dividend by 7.1% in $ terms

Financial Highlights

 

Revenue increased 14% to US$455m (2013: US$401m)

 

B2C Revenue increased 11% to US$391m (2013: US$352m)

 

B2B Revenue increased 32% to US$64m (2013: US$48m)

 

Adjusted EBITDA* increased 33% to US$101m (2013: US$76m)

 

Adjusted EBITDA* margin increased to 22.1% (2013: 18.9%)

 

Profit before tax increased 28% to US$68m (2013: US$53m)

 

Cash generated from operating activities increased 24% to US$112m (2013: US$90m)

 

Corporate cash net of customer liabilities increased 58% to US$96m (2013 US$60m)

 

Final dividend at 4.5 cents per ordinary share per policy (2013: 4.0 cents), and due to strong performance the Board is recommending an additional one-off dividend of 7.0 cents per share (2013: 7.0 cents), bringing the total dividend per share for the year to 15.0 cents per share (2013: 14.0 cents)

 

Adjusted EPS* increased 16% to 19.2 cents per share (2013: 16.6 cents)

 

Basic EPS increased 13% to 16.1 cents per share (2013: 14.2 cents)

 

As at 31 December 2014, 888 had 17.9 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 15% from 31 December 2013

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