VEIKKAUS POSTS RECORD 2011
20th February, 2012
Source: http://www.slots.org.ukFinishes ahead after tough first half
Finnish state-owned gaming operator Veikkaus has reported record turnover, primarily attributed to strong online growth and lottery in its latest report covering full year 2011.
Key Performance Highlights include:
- Profit of Euro 514.5 million, up 2.1% over 2010.
- Net sales up 6.1% amounting to Euro 1.793 million
- Online growth of 21.2 percent
- Winning payouts of Euro 961 million, an increase of 8.2% over 2010
The company's switch of tack following a worrying first two quarters paid off with unprecedented results in the last half of the year said senior vice president Olli Sarekoski.
Fastest growth across sectors came from online, bringing in net sales of over Euro 540 million which equates to a sizeable 30% contribution to the total business. Online was followed by lottery product in terms of growth.
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