William hill announced in line FY 20 results. Revenue, down 16% to £1.32bn, was dragged by retail (-30%), which was partly offset by growth in online (9%) and the US (32%). Operating profit was down 91% to £9.1m, attributable to the retail loss.
The William Hill acquisition by Caesar is likely to be completed by late Q1 or early Q2 21. Though William Hill has the building blocks in place, executing on the US opportunity still holds the key.
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FY20: William Hill’s last ‘public’ update?
- Published:
04 Mar 2021 -
Author:
Virendra Chauhan -
Pages:
3
William hill announced in line FY 20 results. Revenue, down 16% to £1.32bn, was dragged by retail (-30%), which was partly offset by growth in online (9%) and the US (32%). Operating profit was down 91% to £9.1m, attributable to the retail loss.
The William Hill acquisition by Caesar is likely to be completed by late Q1 or early Q2 21. Though William Hill has the building blocks in place, executing on the US opportunity still holds the key.