The company released a solid trading update, marked by higher gross win margins in Q1 and comforting trends in Q2 (to 21 May). Key highlights Group daily NGR up 13% (+14%cc) Sports labels gross win margin up 1.1pp, at 9.6% Sports labels daily NGR up 16% (+17%cc) Games labels daily NGR up 4% (+6%cc) Current trading Group daily NGR up 16% (+18%cc) Sports gross win margin at 10% Daily sports wagers up 10% (+12%cc).
29 May 2017
Q1 pushed by higher gross win margins
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Q1 pushed by higher gross win margins
Entain PLC (ENT:LON) | 834 110 1.6% | Mkt Cap: 5,327m
- Published:
29 May 2017 -
Author:
Edouard Enault -
Pages:
2
The company released a solid trading update, marked by higher gross win margins in Q1 and comforting trends in Q2 (to 21 May). Key highlights Group daily NGR up 13% (+14%cc) Sports labels gross win margin up 1.1pp, at 9.6% Sports labels daily NGR up 16% (+17%cc) Games labels daily NGR up 4% (+6%cc) Current trading Group daily NGR up 16% (+18%cc) Sports gross win margin at 10% Daily sports wagers up 10% (+12%cc).