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Playtech Annual Profit Rises, Hikes Dividend - Quick Facts

Playtech Ltd. (PTEC.L), a developer of software and services for the online, mobile, TV and land-based gaming industry, Thursday said that for the year ended December 31, 2012, pre-tax profit increased to 89.03 million euros from 78.66 million euros in the prior year.

Profit attributable to owners of the parent climbed to 86.76 million euros from 77.7 million euros. Earnings per share fell to 29.4 cents from 31.4 cents.

Adjusted profit attributable to owners of the parent rose to 168.32 million euros from 112.85 million euros.

Total revenues climbed 53 percent to 317.5 million euros from 207.5 million euros in 2011.

The firm recommended a final dividend of 15.4 euro cents per share, giving a total 2012 dividend of 23.2 euro cents per share compared to 16.5 euros cents per share in 2011.

Playtech said it has made a strong start to 2013, with average daily revenues for the first 11 weeks of 2013 up over 15 percent from last year and up around 5 percent from the preceding fourth quarter.

Roger Withers, Non-executive Chairman, said, ''The year ending 31 December 2012 was an exceptional period in the continued development of Playtech...The Board is highly confident of the Company's prospects in 2013 and beyond."

by RTTNews Staff Writer

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