Target fulfilment: Profitability

The financial objectives governing the Company consist primarily of the results budget set by the Board ahead of the financial year. At the Board meeting after mid-year, a revision of the annual budget is presented in the form of a forecast extending to the end of the year. For 2010, the following objectives and target fulfilment were reported:

SEK million Budget Forecast Outcome
Net gaming revenue 9,689 9,626 9,624
Net turnover from      
gaming operations, etc. 7,937 7,888 7,885
Employee expenses   1,007 997 989
Other operating expenses 2,057 2,070 2,101
Operating profit 4,873 4,822 4,795

 

To fulfil Svenska Spel’s efficiency assignment, the Company proactively evaluates work processes in the organisation to higher efficiency and cost savings in the best possible manner.