Tipp24 SE: Return to previous EBIT and revenue forecast

Sep 1, 2014 10:24 PM

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shareholding of Tipp24 SE, has withdrawn its report to Tipp24 SE of a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.

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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