Joatmon
25 May 2017
Todays Trading update - good news! Trading update and Capital Markets DayGVC Holdings PLC (LSE:GVC), the multinational sports betting and gaming group, is pleased to announce Q1 2017 KPIs and a trading update ahead of its Capital Markets Day.Key highlights: Q1 2017 vs pro forma1 Q1 2016· Group daily NGR up 13% (+14% in constant currency)· Sports Brands gross win margin 9.6% (8.5% Q1 2016)· Sports Brands daily NGR up 16% (+17% constant currency)· Games Brands daily NGR up 4% (+6% in constant currency)Key highlights: Current trading (Q2 up to 21 May vs 2016 comparable period)· Group daily NGR up 16% (+18% in constant currency)· Sports gross win margin 10.0% (9.6%)· Daily sports wagers +10% (+12% constant currency)........................+ more
dave297
30 Apr 2017
Re: Earnings prediction for today Hopefully last nights fight will have improved our bottom line as few will have bet on Joshua winning by KO in round 11 although he was favourite to win
dave297
29 Apr 2017
Re: Earnings prediction for today Here here !
Joatmon
29 Apr 2017
Earnings prediction for today "Sat, 29th April 2017 - 06:59Share thisBoosted by game-changing M&A activity over the past year, I reckon GVC Holdings (LSE:GVC) could be on course to deliver stunning earnings expansion.The breakneck momentum GVC enjoyed in 2016 has carried into this year, the firm advising last month that group net gaming revenues (or NGRs) on a pro-forma basis were up 15% during January 1 to March 23, with rises of 18% and 6% enjoyed across its Sports and Games divisions respectively.This is up from the 9% improvement in group NGRs the Foxy Bingo and partypoker owner posted during 2016.On the moveWhile GVC faces the same regulatory uncertainty as the rest of the gambling sector, I believe the firm's broad geographic footprint should insulate it from the worst of these pressures and keep providing meaty top-line growth.GVC operates across 18 countries, and the huge acquisition of bwin.party in February 2016 has significantly bolstered the group's position in its core European marketplace. Sports NGRs from its new division shot 26% higher last year, and the scale benefits and cost synergies from the tie-up promise to make GVC a major player on the global stage.Indeed, the smooth integration of the new unit prompted GVC to note last month that "we feel the organic growth opportunity of the enlarged GVC is greater than originally expected and a key strategic theme in 2017 will be increased, but focused, investment in marketing to fully exploit this potential."The City certainly believes GVC is back on the road to growth after some recent bottom-line trouble, and expect the company to bounce from losses of 51 euro cents per share in 2016 to earnings of 58.1 cents in the present period.And earnings are expected to boom to 71.8 cents in 2018, up 24% year-on-year.GVC has seen its share price stomp higher in recent months, the bingo behemoth having gained 17% in value since the start of 2017. And with the business sporting a very-attractive forward P/E ratio of 15.3 times, I reckon there is plenty of scope for the bull run to keep going."
fifi35
21 Apr 2017
Re: Standard Life increase stake Stockopedia Ranks GVC at 34. Wonder why?
claude reins
20 Apr 2017
Re: Standard Life increase stake On Stockopedia, 8 brokers comments. 5 strong buy, 2 buy and 1 hold. A a strong endorsement. Wonder how long before they take on another acquisition?
claude reins
20 Apr 2017
Standard Life increase stake Very nice endorsement. Increased their stake by more than 2.5m shares to stand at over 12% now.
Joatmon
15 Apr 2017
Italian expansion? Eleven of Yggdrasil’s html5 games are to be certified by the Italian regulators initially and integrated on GVC’s Italian-facing sites bwon.it and Gioco Digitale.“We are thrilled to have joined forces with an operator as big and as respected as GVC to enter the Italian market,” commented CEO Fredrik Elmqvist. “We have grown our footprint across Europe this past year. This is the latest in a long line of big deals, and shows the progress we are making and just how desirable our games and ingame promotional tools have become.”
dave297
31 Mar 2017
I hope he is worth it Our new CFO has been awarded very generous options vesting over 2 years with a cost of 422p,ie a profit at todays prices of over £1mill-not bad for starters & I presume that his reputation precedes him !
Welsheagle
30 Mar 2017
Ex dividend Ex dividend today, so no panic.
john222
23 Mar 2017
Re: Excellent results and extra Divi or even someone bolting them on!
dave297
23 Mar 2017
Re: Excellent results and extra Divi Always best to over achieve & manage expectations.Also excellent increase in NGR this year so far suggesting a very strong first quarter which will hopefully continue, despite the lack of a summer football tournament, & result in further decent dividends in respect of 2017.Having successfully merged with Bwin in a remarkeably short period of time it will be interesting to see whether our next acquisition move will be a bolt on or more substantial acquision.
lucky111111
23 Mar 2017
Dividend back for 2017 For the 2017 financial year and beyond, we will pursue a progressive dividend policy, reflecting the growth in the business and aiming to return no less than 50% of free cash flow. In addition, the Board will also give consideration to returning future excess cash to shareholders. Excess cash will be determined by the capital requirements of the business, together with the trading outlook at the appropriate time.
lucky111111
23 Mar 2017
Excellent results and extra Divi GVC said that net gaming revenue – the amount gained in stakes minus payouts to punters – rose 12 per cent on a constant current basis to €894.6m. Earnings before interest, tax, depreciation and amortisation – which the company says is the best way to judge its underlying performance – rose 26 per cent to €205.7m. In December, the group had issued a special dividend following a trading statement in which it said full year results were likely to be at the “upper end of market expectations,” predicting net gaming revenues of between €852-885m and ebitda of €202-205.5m After beating those estimates, it announced a second special dividend of 15.1 cents per share on Thursday, giving a total 2016 payout of 30 cent per share.
dave297
18 Mar 2017
Finals Due next Friday we know will be strong as that was signalled in the January trading update .I am expecting trade since then to have been strong & I reckon that bookies generally did well this year out of Cheltenham due to the lack of favourites winning or getting places.Some football results will have also favoured bookies & I am also hoping for / expecting a decent dividend,again.My only regret here is not buying more !
