JUM unknown

precursor to results this week

  1. 985 Posts.
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    Tattersalls have just announced their annual results and numbers have exceeded those detailed in prospectus .
    As we know JUM/TMS is a wholesaler and online retailer of lottery products through agreements with Tattersall's (Victoria) and the NSW Lotteries Corporation.

    This from Media release on Tattersalls Results :-

    Lotteries
    The Lotteries segment produced a solid result with revenue of $1,227.5 million and EBITDA of $28.5
    million. Revenues were helped by a 10 per cent price increase in Powerball introduced in February
    2005. This was partially offset by a less than favourable Powerball jackpotting occurrence through the
    2005 financial year. To date in 2006, revenues are tracking on forecast. There was a $22 million
    Powerball jackpot in August 2005.
    The Lotteries division continued to focus on improving its Victorian distribution channels. A new shop fitout
    was installed in 18% of outlets during the year and the company achieved continued STRONG GROWTH IN INTERNET SALES.

    Cheers,
    Manassa
 
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