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mybet Holding SE upgrades forecast for the 2014 financial year

mybet Holding SE  / Key word(s): Change in Forecast

29.10.2014 14:03

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Kiel, October 29, 2014 - mybet Holding SE (ISIN DE000A0JRU67) has firmed up
its forecast for the 2014 financial year based on provisional, unaudited
figures for the third quarter of 2014 and the first nine months of 2014.

Thanks to a non-recurring effect from the deconsolidation of MYBET ITALIA
S.R.L. in the third quarter, according to provisional figures mybet
generated earnings before interest and taxes (EBIT) of EUR 0.2 million
after the first nine months of 2014 (prior-year period: EUR -4.0 million).
The net profit/loss for the period showed a significant improvement to EUR
-0.1 million after the first nine months of 2014 (prior-year period: EUR
-2.7 million). Based on the provisional figures for the first nine months
of 2014, mybet anticipates EBIT of between EUR 0.5 million and EUR 0.65
million for the 2014 financial year, in an upward revision from its
previous forecast of "better than break-even".

The Nine-Month Report will be published on November 13, 2014.

END OF AD HOC INFORMATION


Issuer: mybet Holding SE
Jägersberg 23
24103 Kiel
 Germany
ISIN DE000A0JRU67
WKN A0JRU6
Stock exchanges: Frankfurt, Xetra, regional stock exchanges in Stuttgart,
Munich, Berlin,
Hamburg and Düsseldorf


Contact:
mybet Holding SE
Investor Relations & Corporate Communications
Yulia Link
Tel. +49 (40) 85 37 88 47
Fax +49 (40) 85 37 88 30
Mail yulia.link@mybet.com


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Information and Explaination of the Issuer to this News:

The core business of mybet may fundamentally exhibit fluctuations that stem
from possible major wins and other systemic risks. The probability of such
occurrences is small, but nevertheless existent. In the event of such a
risk materialising, a negative correction to the result may be possible. In
addition, possible risks from further regulatory developments should be
noted.

29.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      mybet Holding SE
              Jägersberg 23
              24103 Kiel
              Germany
Phone:        +49 40 85 37 88-0
Fax:          +49 40 85 37 88-30
E-mail:       ir@mybet.com
Internet:     www.mybet-se.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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