Betsson AB (OM:BETS B) will look for M&A. Pontus Lindwall, Chief Executive Officer said, "I mean we have quite a strong balance sheet, and we want to have a strong balance sheet, especially when you are coming entering maybe a bit kind of rougher times out in the financial markets, then it's very good to have a strong balance sheet for us to be able to deliver on our strategy, growing both organic and through M&A. And I mean having a strong cash position means that we can have a big flexibility in growing. And we just recently now showed that we used some of the cash to acquire a B2B business. And I think that would be our position going forward as well".
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114.4 SEK | -1.29% | +0.88% | +5.44% |
04-26 | Nordic Shares Closed Up Friday; Medicover Series B Climbed Highest | DJ |
04-26 | Betsson AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
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1st Jan change | Capi. | |
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+5.44% | 1.52B | |
+7.53% | 33.21B | |
+1.56% | 23.65B | |
+21.36% | 20.35B | |
-18.97% | 20.1B | |
-18.25% | 19.79B | |
-2.20% | 16.53B | |
-3.55% | 9.57B | |
-19.86% | 8.13B | |
+8.59% | 7.23B |
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