Operator

Welcome to Betsson Q1 Report 2026. [Operator Instructions] Now I will hand the conference over to CEO, Pontus Lindwall; and CFO, Martin Ohman. Please go ahead.

Pontus Lindwall
CEO, President & Executive Director

Thank you very much. Hello, everyone, and welcome to Betsson's presentation of the Q1 report for 2026. I'm Pontus Lindwall, President and CEO of Betsson. With me today is also our CFO, Martin Arman.

Martin Öhman
Chief Financial Officer

Hi, everyone.

Pontus Lindwall
CEO, President & Executive Director

In Q1, we saw continued good customer activity in our B2C business with active customers up 11% year-over-year at all new time -- all-time high levels. Group revenue amounted to EUR 285 million and EBIT was EUR 34 million in the quarter. The EBIT margin was 11.9% for the period. Revenue for the B2C operations was increased by 15% year-on-year and reached a new record level. Growth was particularly strong in Latin America, primarily driven by positive performance in Peru. Western Europe also delivered double-digit growth with Italy as the main driver, where we continue to gain market share in both sports betting and casino. Overall, our B2C business continues to grow and contributes significantly to the group's earnings. In parallel, we keep on investing in several B2C markets where we have not yet reached profitability, which reduces operating income by approximately EUR 10 million to EUR 15 million per quarter. We continue to believe that these markets have the potential to become profitable while we closely monitor and evaluate their development and future prospects.