Tag Archives: FTSE 100

GVC faces a cold autumn as retail closures forecast £37m losses

GVC Holdings has communicated that the UK government’s imminent four-week lockdown will cost the FTSE100 company an estimated £37 million.  Issuing a market update, GVC provided EBITDA impact estimates on retail closures that have been confirmed and sanctioned across England and Europe during the past week.  Should current conditions remain, in which England’s non-essential businesses are required to temporarily close …

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Paddy Power Betfair seeks ‘Optimal Structure’ as group revenues hit £750 million

Posting its first set of interim H1 results (period ending 30 June), FTSE100 listed Paddy Power Betfair (PPB) has reported group revenues of £759 million recording double-digit growth across its four core divisions. Closing its H1 2016, PPB would post a group underlying EBITDA of £181 million (H1 2015: £138 million). The increased top line metric growth would result in …

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Football INDEX – Top 200 footballers trump FTSE 100 performance

Industry start-up Football INDEX has stated that the “world’s best footballers are a better bet than Britain’s 100 biggest listed companies”. This morning Football INDEX a footballer performance-based stock market stated that its data showed that the value of 200 of the world’s leading footballers’ has more than doubled since its index launch last October. The growth of its footballer …

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FTSE eagerly awaits Paddy Power Betfair results

Tuesday morning will see the first joint publication of Paddy Power Betfair results, as FTSE analysts and commentators eagerly await the performance update of online betting’ biggest market capital operator. Having opened trading with a £105 share price on the London and Dublin stock exchanges on 2 February, Paddy Power Betfair entered the prestigious FTSE 100 index last week having …

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