Gala Coral delivered an upbeat full year 2014 report this week with the company showing strong underlying growth in all major divisions & its recently launched online business “paying off strongly”.
Key performance indicators for the full year ending September 27, 2014 include:
– Group gross profit amounting to GBP 890 million, up 9 percent on FY2013. – Total group EBITDA of GBP 235.5 million, 14 percent ahead
Online & mobile were star performers, key performance highlights include:
Online :
– Coral.co.uk actives grew 70 percent & gross profit 134 percent – A three-fold increase in Sportsbook Bet-In-Play stakes – Galabingo.com saw an increase in spend-per-active of 23 percent & gross profit was ahead 18 percent – Galacasino.com grew actives by 14 percent & gross profit by 36 percent
Mobile :
– Percentage of actives using the mobile platform increased across all brands: Coral.co.uk 67.2 percent, Galabingo.com 54.3 percent, Galacasino.com 48.7 percent & Eurobet 45.3 percent.
Chief executive officer of the Gala Coral Group, Carl Leaver said: “The Group’s financial performance in the full year was very pleasing with all major divisions reporting underlying growth in both gross profit & EBITDA.
“The significant investment in launching our new Online business is paying off strongly, with gross profit up 54 percent & EBITDA up 104 percent.”
The momentum continues as current trading for the first 7 weeks of the new financial year shows growth in the online division “continuing on the same trajectory as FY14”.
source : www.casinos-online.co.uk
