Super Group guarantees shareholder dividend, raises full-year guidance

Tuesday, December 10, 2024 8:25 PM
Photo:  By --Steindy (talk) 16:15, 29 August 2019 (UTC) - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=81700157
  • Ted Menmuir, SBC News

Super Group has announced a special cash dividend for shareholders after surpassing its 2024 financial targets. The NYSE-listed company raised its full-year revenue guidance to €1.6 billion (from €1.55 billion) and increased its ex-US Adjusted EBITDA guidance to at least €360 million up from €345 million.

Earlier in Q3, company leadership had boosted its FY2024 guidance, expressing confidence that Super Group would exceed an adjusted EBITDA of €345 million.

Building on this strong performance, the Board declared a special cash dividend of 15¢ per ordinary share.

The dividend will be paid on 8 January 2025 to shareholders who are on record as of 23 December 2024. Including the initial 2024 dividend of 10¢ per share paid in July, the total shareholder payout for 2024 will reach 25¢ per share.