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Regulatory press release

Kindred Group: Exchange rates for the second quarter of 2020

Kindred Group
Read the release

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 positive impact on Gross winnings revenue of less than 1 per cent in the second quarter of 2020 compared to the same period of 2019.

Balance sheet rates:          
Rate to GBP 30-Jun-20 30-Jun-19 YoY Delta
USD 1.227   1.269   3.3%
SEK 11.502   11.782   2.4%
NOK 11.959   10.812   -10.6%
EUR 1.096   1.115   1.7%
DKK 8.168   8.325   1.9%
AUD 1.791   1.812   1.2%
           
Income statement          
averages for the
quarter:
Rate to GBP Avg Q2 20 Avg Q2 19 YoY Delta
USD 1.241   1.286   3.5%
SEK 12.025   12.144   1.0%
NOK 12.430   11.113   -11.9%
EUR 1.128   1.144   1.4%
DKK 8.412   8.542   1.5%
AUD 1.893   1.836   -3.1%

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

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