Ladbrokes Coral deal paying off for GVC

Gaming firm GVC Holdings (LON: GVC) reports fourth quarter trading on 17 January and the momentum of the business is set to continue. The 2019 full year figures may be slightly better than expected.

Online growth remains strong with Germany and Australia growing faster than the UK. The Ladbrokes online brand is performing better as part of the group. The UK retail operations are declining but not performing as badly as they were expected to.

Peel Hunt forecasts a 2019 pre-tax profit of £420m, which was upgraded at the time of the third quarter trading statement.
Ladbrokes Coral
There ...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.