02 November 2009

Tipp24: Stable through the crisis

In the first nine months of fiscal 2009, Tipp24 made very successful progress: revenues grew by 62.8 percent to EUR 53.7 (prior year: EUR 33.0) million in the period under review. Compared with the previous year, EBIT... more...

24 September 2009

Tipp24 AG – Adjustment of Profit Estimate due to Significant Prize Payout

MyLotto24 Ltd, a fully consolidated minority holding of Tipp24 AG, has declared that a player won the jackpot prize of EUR 31.7 million on 23 September 2009 by taking part in MyLotto24's offering to place bets on the... more...

03 August 2009

Tipp24 AG: half-year figures 2009 and change in Executive Board

The first half of the current fiscal year 2009 was dominated by the start of the Internet ban in Germany introduced by the State Treaty on Gaming. In this difficult environment, the company’s German segment posted... more...

28 May 2009

Tipp24 AG – Sales and earnings in Germany collapse – Growth abroad

Due to the considerable legal restrictions imposed by the German State Treaty on Gaming and the resulting significant cost of winding up the company’s core business in Germany, EBIT from German operations was well down... more...

30 April 2009

Tipp24 AG – Restructuring continues and further share buyback

Continuing the restructuring of the Tipp24 Group caused by the introduction of the second stage of Germany’s State Treaty on Gaming, Tipp24 AG has sold 60% of voting rights in each of the Group’s two UK subsidiaries,... more...

27 March 2009

Tipp24 AG – Staff reduction and changes in the Executive Board

The members of the Executive Board of Tipp24 AG, Marcus Geiss and Petra von Strombeck, will retire from the Executive Board as of 31 March 2009. Tipp24 AG has decided to scale down its Executive Board as a consequence... more...

05 March 2009

Tipp24 AG: State Gaming Treaty slows long-standing growth rate

In its fiscal year 2008, earnings before interest and taxes (EBIT) of the Tipp24 Group were down by 0.6 percent to EUR 8,897 thousand (prior year: EUR 8,949 thousand). The EBIT margin fell by 0.5 percentage... more...

16 January 2009

Tipp24 decides further share buyback

The Executive Board of Tipp24 AG has adopted a resolution to implement a further share buyback programme. In the period from 2 February 2009 until no later than 30 June 2009, shares in Tipp24 AG with a total value of... more...