William Hill has warned that 2016 operating profits will reach £260m, at the bottom end of the guided £260-280m range, on the back of lower gross win margins stemming from unfavourable football and horseracing results in December. No numbers were given. However, interim CEO Philip Bowcock said the company saw improvements in wagering in Online and Australia in the second half of the year and including in the past several weeks. The CEO also added that he was confident for 2017 and
09 Jan 2017
FY profits hit lower end of guidance
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FY profits hit lower end of guidance
- Published:
09 Jan 2017 -
Author:
Edouard Enault -
Pages:
2
William Hill has warned that 2016 operating profits will reach £260m, at the bottom end of the guided £260-280m range, on the back of lower gross win margins stemming from unfavourable football and horseracing results in December. No numbers were given. However, interim CEO Philip Bowcock said the company saw improvements in wagering in Online and Australia in the second half of the year and including in the past several weeks. The CEO also added that he was confident for 2017 and