A Solid 1H18 from GVC, Football WC18 helped boost margins & volumes. 1H18 Online NGR +20% YoY (led by sports +21%, gaming +19%), resulting in market share gains in key territories. UK retail NGR -3% as reported in previous trading update, Europe retail continues double digit growth NGR +26% (Italy strong). 1H18 proforma group NGR +8% YoY to £1.7bn and proforma EBITDA +11% to £350m; interim divi of 16p (+10%), ex-div 20 September. Further £30m of Capex synergies identifie
13 Sep 2018
Solid 1H18, current trading strong
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Solid 1H18, current trading strong
Entain PLC (ENT:LON) | 822 31.2 0.5% | Mkt Cap: 5,254m
- Published:
13 Sep 2018 -
Author:
Michael Campbell -
Pages:
3
A Solid 1H18 from GVC, Football WC18 helped boost margins & volumes. 1H18 Online NGR +20% YoY (led by sports +21%, gaming +19%), resulting in market share gains in key territories. UK retail NGR -3% as reported in previous trading update, Europe retail continues double digit growth NGR +26% (Italy strong). 1H18 proforma group NGR +8% YoY to £1.7bn and proforma EBITDA +11% to £350m; interim divi of 16p (+10%), ex-div 20 September. Further £30m of Capex synergies identifie