KNDGF - Kindred Group plc (KNDGF) Q4 2023 Earnings Call Transcript
2024-02-07 17:05:11 ET
Kindred Group plc (KNDGF)
Q4 2023 Results Conference Call
February 07, 2024 04:00 AM ET
Company Participants
Nils Anden - Chief Executive Officer
Patrick Kortman - Chief Financial Officer
Conference Call Participants
Oscar Ronnkvist - ABG Sundal Collier
Martin Arnell - DNB Markets
Presentation
Nils Anden
Good morning, everyone, and welcome to our earnings call this morning for Q4 and year end of 2023. My name is Nils Anden. I'm the CEO of the Kindred Group.
Today, we are going to run through some of the highlights for the quarter, do a short business overview, talk a little bit about the Kindred sportsbook platform. Then I will hand over to Patrick Kortman, our Interim CFO, to run through the financials for the quarter. And I will end up with a summary.
If we look at Q4 and 2023 as a whole, some of the highlights is, of course, very nice to see that we came in at an underlying EBITDA for the full year of GBP 204.5 million, which was in line with our 2023 financial guidance of at least GBP 200 million in underlying EBITDA.
We saw a continued strong performance across our core markets here in Europe, and particularly solid growth in the casino segment. And for Q4, it's very nice to see the proof of our scalability as a business, as our underlying EBITDA reached GBP 56.8 million, which is an increase of 45% compared to the same quarter in 2022. This would have come in at GBP 62.9 million, excluding North America....
Kindred Group plc (KNDGF) Q4 2023 Earnings Call Transcript