888 claims further success in second half trading update

888 claims further success in second half trading updateOnline gaming operator 888 has reported that it has continued to deliver a “very encouraging performance” during the second half of 2015, with results in line with expectations.

In a pre-close trading update issued ahead of the end of the period, the operator said continued trading momentum in the second half has helped boost results.

The company’s board anticipates that adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the period will be at the top end of the range of analysts’ forecasts.

Brian Mattingley, executive chairman of 888, said: “Building on our very encouraging first half performance, 888 has continued to trade well through the second half of the year, driven by notably strong performances in casino and sport.

“Underpinned by our quality brands, leading technology and CRM expertise, 888 remains very well positioned to deliver long term sustainable growth.”

The update comes after 888 suffered a drop in revenue during the first half of the year, although it was able to post an increase in EBITDA.

source : www.igamingbusiness.com

Share This Article:

More Similar Articles


Please enter your comment!
Please enter your name here