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Allwyn Ag

Q22024

9/4/2024

speaker
Geli
Chorus Call Operator

Ladies and gentlemen, thank you for standing by. I am Geli, your chorus call operator. Welcome and thank you for joining the OPAP-SA conference call and live webcast question and answer session to discuss the second quarter 2024 financial results. Please note, a video presentation has been distributed and is also available on the OPAP Investor Relations website. All participants will be in listen-only mode and the conference is being recorded. At this time, I would like to turn the conference over to Mr. Jan Karas, CEO of Opapese. Mr. Karas, you may now proceed.

speaker
Jan Karas
Chief Executive Officer

Thank you very much. Good evening or good morning to everyone and welcome to our regular Q2 2024 results conference call. I'm very pleased with the set of results we have announced delivering solid upwards top line performance with online recording strong growth and retail showcasing resilience while both were benefited by Euro 2024. The tournament elevated gaming demand and contributed almost 25% to sports betting GGR. Online continues its strong upward momentum, contributing in Q2 almost 30% of group's revenues, which is a new record, reflecting the successful execution of our digital strategy. Moreover, we are excited about the progress being made on our draw-based games portfolio revamp led by Eurojackpot. In addition, penetration levels of iLottery proposition continue increasing, uplifted by our loyalty program and the upgraded portfolio of free-to-play games. Finally, solid profitability and margins allow us to be confident on the delivery of our 2024 outlook. At the same time, we are happy to announce an interim dividend of €0.60 per share to be paid in November, continuing our generous shareholder remuneration, which is supplemented by our ongoing share buyback program. Hopefully, you have reviewed and enjoyed the results recorded video we shared with you earlier today, so we will jump directly to our Q&A session. Jeli, over to you.

speaker
Geli
Chorus Call Operator

Thank you, Mr. Karas. Ladies and gentlemen, at this time, we'll begin the question and answer session. Anyone who wishes to ask a question may press star followed by one on their telephone. If you wish to remove yourself from the question queue, then you may press star and two. Please use your handset when asking your question for better quality. Anyone who has a question may press star and one at this time. One moment for the first question, please. The first question is from the line of Drazioc Stamatis with EuroBank Equities. Please go ahead.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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