Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Betsson Board/Management Information 2018

Jan 29, 2018

3010_iss_2018-01-29_86b19e56-38b3-49c9-a11b-5b4c92714644.pdf

Board/Management Information

Open in viewer

Opens in your device viewer

Press Release Betsson AB (Publ)

Betsson streamlines the organisation and reduces headcount

Betsson has decided to restructure and streamline the organisation with the ambition to make it more efficient. As a consequence, total headcount in the Group will be reduced by approximately 160 employees.

"In cooperation with the operational management team, we have started to implement actions to improve operations. The restructured organisation will be more streamlined with clearer responsibilities, which I believe will improve its efficiency over time", says Pontus Lindwall, CEO Betsson AB.

Changes will be implemented in January 2018 and costs related to the restructuring will be recognised in the interim report for the first quarter 2018. The cost saving of the changes is estimated to SEK 50-60 million annually.

For further information, please contact: Pontus Lindwall, CEO and President Betsson AB +46 (0)8 506 403 00

Pia Rosin, VP Corporate Communications Betsson AB +46 (0)73 600 85 00, [email protected]

This information is information that Betsson AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 29 January 2018, at 07.55 CET.

BETSSON AB (PUBL) IS A HOLDING COMPANY THAT INVESTS IN AND MANAGES FAST-GROWING COMPANIES WITHIN ONLINE GAMING. THE COMPANY IS ONE OF THE LARGEST IN ONLINE GAMING IN EUROPE AND HAS THE AMBITION TO OUTGROW THE MARKET, ORGANICALLY AND THROUGH ACQUISITIONS. THIS SHOULD BE DONE IN A PROFITABLE AND SUSTAINABLE MANNER, PRIMARILY IN LOCALLY REGULATED MARKETS. BETSSON AB IS LISTED ON NASDAQ STOCKHOLM, LARGE CAP (BETS).

POST AND
VISIT ADDRESS
TELEPHONE/FAX REGISTERED OFFICE E-MAIL
WEB
CORPORATE REG.NO.
VAT.REG.NO.
REGERINGSGATAN 28 111 53 +46 (0)8 506 403 00 STOCKHOLM INFO@BETSSONAB. COM 556090-4251
STOCKHOLM, SWEDEN +46 (0)8 735 57 44 WWW.BETSSONAB.COM SE556090425101