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32red Share News (TTR)
Share News for 32red (TTR)
| Share Price: 50.00 | Bid: 49.75 | Ask: 50.00 | Change: 0.125 (+0.25%) |  | ||||||
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32Red H1 EBITDA pre-share option costs 1 mln pounds, up 17 pct; sales up 26 pct
Tue, 26th Aug 2008 08:13
LONDON (Thomson Financial) - 32Red Plc. said its EBITDA for the first half before share option
Sales were up 26 percent, it said, adding that its prospects for the year were 'very encouraging'.
The online casino, poker and sports betting operator also said that the second half of the year has started encouragingly, with group gross win for the 7 weeks ended Aug 18 up 22 percent on the corresponding period in 2007.
32Red said it continues to investigate possible new gaming-related products to add to its existing portfolio.
For the six months ended June 30, the company posted a pretax profit of 791,510 pounds compared with 645,505 pounds last year, while its revenues rose to 6.6 million pounds compared with 5.22 pounds last year.
The strong growth has been driven by both increased active player numbers and an improved yield per player, it said.
TFN.newsdesk@thomson.com
ndi/vs
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
LONDON (Thomson Financial) - 32Red Plc. said its EBITDA for the first half before share option
costs was up 17 percent at 1 million pounds.
Sales were up 26 percent, it said, adding that its prospects for the year were 'very encouraging'.
The online casino, poker and sports betting operator also said that the second half of the year has started encouragingly, with group gross win for the 7 weeks ended Aug 18 up 22 percent on the corresponding period in 2007.
32Red said it continues to investigate possible new gaming-related products to add to its existing portfolio.
For the six months ended June 30, the company posted a pretax profit of 791,510 pounds compared with 645,505 pounds last year, while its revenues rose to 6.6 million pounds compared with 5.22 pounds last year.
The strong growth has been driven by both increased active player numbers and an improved yield per player, it said.
TFN.newsdesk@thomson.com
ndi/vs
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
UPDATE 1-Gaming company 32Red to launch in Italy
LONDON, Sept 5 (Reuters) - Online gaming company 32Red Plc said revenues rose 22 percent in July and August despite having to compete for atten[5 Sep '12]
BRIEF-32Red says July and August 2012 revenues up 22 pct
LONDON, Sept 5 (Reuters) - 32Red PLC: * July and August 2012 revenues up 22% on the corresponding period in 2011 * H1 profit before ta[5 Sep '12]
BRIEF-32Red says July and August 2012 revenues up 22 pct
LONDON, Sept 5 (Reuters) - 32Red PLC: * July and August 2012 revenues up 22% on the corresponding period in 2011 * H1 profit before ta[5 Sep '12]
BRIEF-32Red says 2012 revenues to beat market forecasts
LONDON, July 23 (Reuters) - 32Red PLC: * Says total gross win up 50% to £16.5M (2011: £11.0M) in the first six months of 2012 *[23 Jul '12]
BRIEF-32Red says William Hill court appeal dismissed
LONDON, Jan 24 (Reuters) - 32Red PLC: * William hill appeal dismissed * Appeal court found that william hill also infringed 32red's re[24 Jan '12]
BRIEF-RESEARCH ALERT-Numis UPS 32Red Plc target price
July 21 (Reuters) - 32Red Plc: * Numis ups 32Red Plc target price to 45P from 27P For a summary of rating actions and price target ch[21 Jul '11]
BRIEF-RESEARCH ALERT-Numis raises 32Red target price
Jan 24 (Reuters) - 32Red Plc: * Numis raises 32Red Plc target price to 27P from 22P; rating buy For a summary of rating actions a[24 Jan '11]
BRIEF-32Red says High Court rules in its favour
LONDON, Jan 21 (Reuters) - 32Red Plc: * High court delivered judgment in the company's trade mark dispute against william hill[21 Jan '11]
