Exchange Rates for the First Quarter of 2019

Exchange Rates for the First Quarter of 2019

PR Newswire

LONDON, April 1, 2019

LONDON, April 1, 2019 /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 first quarter of 2019 compared to the same period of 2018.

 

 

Balance sheet rates:






 

Rate to GBP 

31-Mar-19


 

31-Mar-18


 

YoY Delta 

 

SEK

 

12.115


 

11.755


 

-3.1%

 

NOK

 

11.254


 

11.061


 

-1.7%

 

EUR

 

1.165


 

1.143


 

-1.9%

 

DKK

 

8.698


 

8.519


 

-2.1%

 

AUD

 

1.843


 

1.833


 

-0.5%







 

Income statement averages for the quarter:






 

Rate to GBP 

 

Avg Q1 19


 

Avg Q1 18


 

YoY Delta 

 

SEK

 

11.939


 

11.292


 

-5.7%

 

NOK

 

11.167


 

10.911


 

-2.3%

 

EUR

 

1.146


 

1.132


 

-1.2%

 

DKK

 

8.553


 

8.431


 

-1.4%

 

AUD

 

1.828


 

1.770


 

-3.3%

 

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

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

https://news.cision.com/kindred-group/r/exchange-rates-for-the-first-quarter-of-2019,c2778395

The following files are available for download:

https://mb.cision.com/Main/824/2778395/1018201.pdf

PDF

CONTACT:

For more information:
Inga Lundberg, Investor Relations, +44-788-799-6116

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