01.10.2018 17:54:00

Exchange Rates for the Third Quarter of 2018

VALLETTA, Malta, Oct. 1, 2018 /PRNewswire/ --

The net foreign exchange impact of the Kindred Group's main trading currencies against its reporting currency of GBP is shown in the tables below. While this has no material impact on the underlying development of the Kindred Group's business, it does affect the reported results when translated into GBP.

The weighted average impact of GBP against the Kindred Group's main currencies was a negative impact on Gross winnings revenue of approximately 2 per cent in the third quarter of 2018 compared to the same period of 2017.

 

 

Balance sheet rates:






 

Rate to GBP 

 

30-Sep-18


 

30-Sep-17


 




YoY Delta 

 

SEK

 

11.618


 

10.943


 

 

-6.2%

 

NOK

 

10.669


 

10.674


 

 

0.0%

 

EUR

 

1.127


 

1.134


 

 

0.6%

 

DKK

 

8.403


 

8.440


 

 

0.4%

 

AUD

 

1.809


 

1.710


 

 

-5.8%







 

Income statement averages for the quarter:






 

Rate to GBP 

 

Avg Q3 18


 

Avg Q3 17


 

 




 YoY Delta

 

SEK

 

11.660


 

10.648


 

 

-9.5%

 

NOK

 

10.732


 

10.416


 

 

-3.0%

 

EUR

 

1.121


 

1.114


 

 

-0.6%

 

DKK

 

8.355


 

8.287


 

 

-0.8%

 

AUD

 

1.782


 

1.658


 

 

-7.5%

 

This information is such that Kindred Group plc is required to disclose under the EU Directive of Market Abuse Regulation.

For more information:

Inga Lundberg, Investor Relations, +44-788-799-6116

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/kindred-group/r/exchange-rates-for-the-third-quarter-of-2018,c2632842

The following files are available for download:

http://mb.cision.com/Main/824/2632842/919198.pdf

PDF

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