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Strong start to the year with positive business momentum and focus on scalability


Strong start to the year with positive business momentum and focus on scalability
Kindred Group plc - Interim report: January - March 2021 (unaudited)
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Gross winnings revenue amounted to GBP 352.6 (249.7) million, an increase of 41 per cent           
Underlying EBITDA was GBP 98.0 (42.5) million           
The result for the quarter was impacted by foreign currency losses on operating items of GBP 8.0 (1.8) million which are primarily unrealised losses as they relate to the retranslation of foreign currency current assets and liabilities. As the Group has significant cash balances in foreign currencies, and foreign currency rate movements were substantial, the impact was unusually large during the quarter            ....

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