Kindred Group's profit down in Q2 2019.

NORDIC BUSINESS REPORT-July 25, 2019-Kindred Group's profit down in Q2 2019

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Kindred Group Plc (STO:KINDSDB), a large online gambling operator in Europe, reported on Wednesday profit after tax of GBP12.5m, or EPS of GBP0.055, for the second quarter of 2019.

This was a decline from profit after tax of GBP25.5m, or EPS of GBP0.112, in Q2 2018.

Gross winnings revenues for the quarter amounted to GBP226.2m, up by 3% as compared with GBP219.0m in Q2 2018.

The company's number of active customers during the quarter was 1,478,437, as compared with 1,550,508 a year earlier.

The Kindred Group operates in locally regulated...

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