Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on WILLIAM HILL PLC. We currently have 8 research reports from 3 professional analysts.
|21Feb17 16:00||RNS||Statement re Notice of Final Results|
|16Feb17 17:45||RNS||Holding(s) in Company|
|15Feb17 16:30||RNS||Holding(s) in Company|
|15Feb17 16:00||RNS||Holding(s) in Company|
|14Feb17 17:00||RNS||Holding(s) in Company|
|13Feb17 15:30||RNS||Holding(s) in Company|
|09Feb17 17:00||RNS||Holding(s) in Company|
Frequency of research reports
Research reports on
WILLIAM HILL PLC
WILLIAM HILL PLC
FY profits hit lower end of guidance
09 Jan 17
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 that key underlying trends continued to be positive. 2016 results will be released on Friday, 24 February 2017.
Q3 trading update: Flat Retail offset by Online recovery
14 Nov 16
William Hill released its Q3 trading update. Results During Q3, group revenue was up 6%, reflecting growth in the US (+81%), Australia (+59%) and Online (+4%), while Retail was flat. During the 9-month period, group revenue was up 3%, translating strong growth in the US (+40%) and Australia (+12%), moderate growth in Retail (+3%) and flat revenue for the Online business. ARPU was 16% higher in Q3 and the average wagering per Sportsbook active was up 17%. Guidance maintained The company expects full-year operating profit to be at the top end of the previous £260-280m guidance (AlphaValue £275m). Board update The company announced the appointment of three new non-executive board members with significant experience in digital, multichannel and gambling. John O’Reilly, former MD at Coral and former Board member at Ladbrokes, and Robin Terrell, former CCO at Tesco, will join on 2 January 2017, whereas Mark Brooker, former COO at Betfair, will join on 3 April 2017. Management made no new comment regarding the appointment of a new CEO. The process appears to still be under way.
William Hill in talks to merge with Canadian online gaming company Amaya
10 Oct 16
William Hill announced on 8 September that it was in talks with Canadian online gambling group Amaya, about a potential all-share merger, which would create a £4.6bn betting giant. The deal would be structured as a reverse takeover, with William Hill, the smaller of the two companies, taking over Amaya. Amaya is a pure online player, producing gaming products and services including poker, sportsbook and lotteries. It acquired in 2014 the parent company of PokerStars and Full Tilt Poker, for $4.9bn, which makes it the world’s biggest traded online gaming company. Talks came after William Hill rebuffed a £3bn bid from 888 and Rank Group earlier this year, aiming at creating the biggest UK bookmaker.
26 Jul 16
A quietly positive open is expected in London this morning, with the FTSE100 seen up some 20 points in early trade. Globally, investors are likely to adopt a wait-andsee attitude ahead of the start of the US Federal Open Market Committee's two-day meeting this afternoon, although most are expecting it to indicate the need for a period of post-Brexit data collecting before judging its next move, for which the hot money presently appears to be pointing at September. The S&P500 drew back from Friday's record high, led primarily by energy stocks, dragging the other principal indices with it, albeit on low volumes before the busy period of Q2 corporate reporting gets underway. Asia ended mixed, with the main activity focussed on Japan as investors appeared to be giving up on expectations of the BoJ delivering an ambitious package of stimulus measures following the Governor's dismissal of the suggestion he was prepared to dole-out 'helicopter money'; as a result, the Yen spiked sharply upward and the Nikkei fell off. Chinese stocks were gently firmer, while the commodity-dominated ASX fell back slightly. Liam Fox, the newly installed International Trade Secretary, is the latest politician to go on postBrexit international tour, with a three-day visit to the US promoting and reinforcing economic ties between the two countries. Following Theresa May and Phillip Hammond's own efforts of the past couple of weeks, investors should be reassured that every effort is being made to remind the world that the UK remains 'open for trade'. UK corporates expected to release figures today include BP (BP..L), Croda (CRDA.L), GKN (GKN.L), Man Group (EMG.L) and Providence Financial (PFG.L).
Panmure Morning Note 26-2-2016
26 Feb 16
William Hill has announced full year results, with the results in line with our expectations. Furthermore, William Hill has announced a £200m buy back (over the next 12 months) and has increased the dividend pay-out ratio from 40% to 50%. We don’t envisage any significant changes to forecasts. We increase our target price to 375p (from 339p) and retain our Hold recommendation.
20 Feb 17
Hayward Tyler Group* (HAYT): Trading update and financial position (CORP) | Petra Diamonds (PDL): Interim results (BUY) | Gemfields* (GEM): Interim results (CORP) | Premaitha Health* (NIPT): Middle East momentum (CORP) | Sound Energy (SOU): Acquisition update and TE-8 well spud (HOLD) | Proactis* (PHD): Interim trading on track (CORP) | 7digital* (7DIG): Automotive contract win (CORP)
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
N+1 Singer - Morning Song 22-02-2017
22 Feb 17
CORETX (COR LN) Contract wins and new Lifestyle facility | Gooch & Housego (GHH LN) Solid Q1 trading plus earnings enhancing acquisition of StingRay Optics | NCC Group (NCC LN) Further issues in Assurance | PCI-PAL (PCIP LN) Strong H1 underpins positive outlook | UBM (UBM LN) Results | Verona Pharma (VRP LN) Phase IIa RPL554 add-on trial to tiotropium commenced
N+1 Singer - Carpetright - Recovery has just begun
17 Feb 17
With UK LFLs up 6.8% in Jan against tough comparatives, and Europe LFLs up 5.4% in Q3, the first clear evidence is now visible that the transformation strategy is gaining momentum. Given some uncertainties, market forecasts are yet to reflect this, but upgrades seem likely as further initiatives are rolled out. Despite a recent bounce from its all time low, the valuation is still very low on consensus assumptions, where risk now appears to be shifting to the upside. With scope for re-rating too, our 300p target price has the scope to grow to 500p over 18 months. We re-initiate with a Buy.
The Crown Joules
15 Feb 17
We believe that own-brand retailers that operate a balanced multi-channel proposition will be well placed to prosper in a competitive apparel market going forward. Joules is one company in particular which we believe will outperform the sector given its loyal and growing customer base, distinctive brand and strong track record of opening profitable space. We initiate coverage on the shares with a buy recommendation and price target of 249p, implying upside of 16.9% over the prevailing market price.
Panmure Morning Note 19-01-2017
19 Jan 17
Pets at Home have released a Q3 trading update this morning that will disappoint the market. Group like-for-like revenue growth was just +0.1% through 3Q16 as subdued trading across the Merchandise business weighed on continued strong growth in Veterinary Services. Profit outlook for FY17 remains in line with expectations. Suspect the shares will come under pressure.