The operator emphasized growth in the first two months of Q4 2024.
Key Highlights:
Upgraded Full-Year Outlook: Super Group has increased its full-year revenue guidance to €1.6 billion, reflecting strong performance across its business segments.
Increased EBITDA Forecast: The company has also raised its ex-US adjusted EBITDA guidance to at least €360 million.
Dividend Declaration: Super Group has declared a cash dividend of 15¢ per share for Q4 2024, bringing the total dividend for the year to 25¢ per share.
A Strong Year for Super Group
Super Group has reported a positive start to the fourth quarter, building on the strong performance achieved in the first three quarters of 2024. The company’s robust financial performance has enabled it to revise its full-year guidance upward.
Neal Menashe, CEO of Super Group, expressed satisfaction with the company’s achievements: “I’m very proud of our performance this year and delighted we are in a position to raise our full-year revenue and ex-US Adjusted EBITDA guidance again while announcing another dividend for 2024.”
Menashe emphasized the company’s commitment to returning excess cash to shareholders, highlighting the strength of its balance sheet.
Betway’s Growing Influence
Super Group’s sports betting brand, Betway, has experienced significant growth in 2024, securing high-profile partnerships with top football clubs such as Manchester City, Nottingham Forest, Bologna FC, and Chelsea. These partnerships have contributed to Betway’s increased brand visibility and market reach.
As Super Group continues to capitalize on its strong momentum, investors and industry analysts are optimistic about the company’s future prospects.