07 May 2012
Svenska Spel is one of the gaming monopoly of Sweden. This group of Sweden has given its commitment towards the financial objective for the first time in the history of its gambling business. This is because; Svenska Spel has successfully obtained its target to obtain huge operating margin of approximately 22% during its whole fiscal business cycle.
According to the statement of Lennart Kail, Chief Executive Officer of Svenska Spel, “Currently, our company is having financial objective of steering the company in the forward direction. This objective has proved to be encouraging for us. Operating margin is one of the best ways of measuring our working efficiency. This has given us freedom to perform various function with both costs and revenue, based on conditions of gaming market and many external factors.” In addition, Svenska Spel has made the appointment of two latest members in its board.