GVC publishes 2017 FY report

News on 1 May 2018

Online (and now land) gambling group GVC Holdings has published its audited 2017 FY report, which is well illustrated with interesting infographics and presents a wealth of corporate information.

Early in March this year the company released a summary of its 2017 performance, showing:

NGR increase of 17 percent to reach Euro 925.6 million vs pro forma 2016 (+17 percent in constant currency).

Clean EBITDA, up 40 percent to Euro 239.5 million vs pro forma 2016.

Adjusted profit before tax was 182 percent to Euro 178.7 million.

Adjusted EPS of Euro 0.56 (2016: Euro 0.19), adjusted EPS incl discontinued Euro 0.66 (2016: Euro 0.31).

Second interim dividend of Euro 0.175, giving full year Euro 0.34 (up 13 percent vs 2016).

Net debt Euro 108.6 million (2016: Euro 126.1 million).

NGR from sports brands was up 20 percent vs pro forma 2016, driven by strong sports and gaming.

NGR from gaming brands grew 12 percent vs pro forma 2016, driven by investment in partypoker and positive performances from casino brands.

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