Lotto24 AG: Significant increase in new customer growth leads to a change in forecast

Lotto24 AG  / Key word(s): Change in Forecast

20.05.2015 17:06

Dissemination of an Ad hoc announcement according to ┬ž 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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Ad hoc announcement acc. to Sec. 15 WpHG

Lotto24 AG: Significant increase in new customer growth leads to forecast
adjustment


(Hamburg, 20 May 2015) Lotto24 AG recorded a significant increase in new
customer growth as a result of a very favourable jackpot situation in
recent weeks. Accordingly, Lotto24 AG adapts its forecast for the current
fiscal year published on 20 January 2015 to the extent that, instead of a
reduced growth, a strong new customer growth approximately at the level of
the previous year (284 thousand) is now expected.

Moreover, Lotto24 expects a less significant reduction in marketing
expenditure compared to the previous year following an increase of
marketing activities in recent weeks, which was implemented in view of the
fact that customer acquisition is more efficient in periods of high
jackpots. Lotto24 AG nevertheless expects a decrease in the acquisition
costs per customer (cost per lead, CPL)compared to the previous year.

Furthermore, Lotto24 AG continues to expect a strong increase in billings
by up to 50 % and a slight year-on-year improvement in gross margin for its
fiscal year 2015. Also, EBIT and net profit continue to be expected to be
affected by lower losses than in the previous year while Lotto24 expects to
retain its market leading position as an online provider of state lotteries
in Germany.

The half-year financial report as of 30 June 2015 will be published on 13
August 2015.


20.05.2015 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:      Lotto24 AG
              Stra├čenbahnring 11
              20251 Hamburg
              Germany
Phone:        +49 (0)40 8 222 39 0
Fax:          +49 (0)40 8 222 39 70
E-mail:       ir@lotto24.de
Internet:     www.lotto24-ag.de
ISIN:         DE000LTT0243
WKN:          LTT024
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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