Operating profit at Svenska Spel falls by 49% in Q1 2024.

Svenska Spel reported a mixed set of financial results for the first quarter of 2024.

Net revenue slightly decreased by 1% year-on-year to SEK1.96bn, mainly due to restructuring in the Casino Cosmopol and Vegas business area.

Operating profit took a 49% hit, dropping to SEK310m, due to restructuring costs and penalty fees. The online business and the Lottery division experienced growth during the quarter.
 
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