2 Feb 2016 08:52
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
BPTY.L Share News (BPTY)
BPTY Share
Price
BPTY Share
News
BPTY Share
Chat
BPTY Share
Trades
BPTY
Live RNS
BPTY Share
Charts
BPTY Broker
Ratings
BPTY Directors
Deals
BPTY Financial
Diary
BPTY
Fundamentals
BPTY Short
Positions
BPTY
Media
BPTY.L Information
- There is currently no data for BPTY
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.GVC Holdings reports jump in annual revenue ahead of Bwin.party merger
Mon, 11th Jan 2016 15:42
(ShareCast News) - Gaming company GVC Holdings on Monday reported a 10.2% increase in 2015 net gaming revenue to €247.7m (£180.03m) ahead of its merger with Bwin.party.In a trading update for the year to 31 December, the group revealed annual results would be supported by a strong last quarter. Net gaming revenue rose 10% in the fourth quarter to €65.5m."This is an encouraging finish to the year for GVC, despite a significant hit from forex moves, and it follows the recent positive trading update from bwin.party, pointing to strong momentum for the group going into the acquisition, which is set to complete on 1 February," said Canaccord Genuity."We nudge up our forecast to reflect the stronger revenue run rate, raising our 2015 earnings before interest, tax, depreciation and amortisation forecast from €50.8m to €52.0m, driving a 3% earnings per share (EPS) upgrade from 68.7c to 70.6c. For 2016, we nudge up EPS by 1%."AIM-listed GVC clinched a deal to buy bwin.party for £1.1bn in September, with the completion expected on 1 February."With the shareholders of both GVC and bwin.party digital entertainment plc ("bwin.party") having voted overwhelmingly for the acquisition of bwin.party on 15 December 2015 and with completion expected on 1 February 2016, and the enlarged GVC Group expected to be admitted to the Main Market on 2 February 2016, we are enthusiastic to commence the integration of the businesses and to continue to drive shareholder value for investors in the enlarged group," GVC chief executive Kenneth Alexander said in a statement.
More News
6 Jan 2016 15:09
FTSE 250 risers: Oil prices and volatile China sees shares drop
(ShareCast News) - The FTSE 250 was left sitting in a puddle by mid-afternoon Wednesday, down 184.25 points (1.07%) at 17,020.78. Low oil prices were to blame for the second tier market's biggest faller Tullow Oil as well as Cairn Energy. Both Brent Crude and West Texas Intermediate sank below $35 a
Read more5 Jan 2016 07:16
Bwin.party ends year on high ahead of takeover
(ShareCast News) - Bwin.party ended its financial year on a high, ahead of its final results and takeover by GVC Holdings. The FTSE 250 online gambling company, in a market update on Tuesday, said its fourth quarter net revenue was up 5% on the previous year, driven primarily by sports betting and c
Read more5 Jan 2016 07:07
London pre-open: Stocks seen higher as Asia stabilises
(ShareCast News) - London stocks are set to open higher on Tuesday on the back of a stabilisation in Asian markets following heavy losses in the previous session. The FTSE 100 is expected to start 49 points higher than Monday's close at 6,142. "After an initial wobble, shares in Shanghai and Shenzh
Read more22 Dec 2015 16:05
16 Dec 2015 15:28
FTSE 250 movers: Strong trading leads Supergroup to top of the pack
(ShareCast News) - The FTSE 250 was on track to finish the day in the green on Wednesday, up 78.47 points (0.46%) to 17,078.03 by mid-afternoon. Supergroup led the risers after it released its half year report, showing strong trading leading to positive sales growth. The owner of popular faux-Japane
Read more15 Dec 2015 11:04
GVC/bwin.party shareholders approve takeover deal
(ShareCast News) - Online gaming outfit GVC Holdings' takeover of bwin.party digital entertainment moved a step closer on Tuesday as shareholders of both companies approved the deal. bwin.party said 99.99 per cent of shareholders voted in favour of the deal, while 99.91 of GVC's did the same. Both
Read more17 Nov 2015 12:52
Bwin extends supply deal with Danish partner
(ShareCast News) - Bwin.Party Digital Entertainment announced a multi-year extension to its existing B2B supply agreement with Danske Licens Spil, which is the online gaming subsidiary of Danske Spil. The Danske Spil Group is 80% owned by the Danish government and is one of the largest betting and g
Read more10 Nov 2015 08:44
bwin's non-exec director steps down
(ShareCast News) - Daniel Silvers has stepped down from bwin.party's board of non-executive directors, the online gaming group said on Tuesday. Earlier this year, Silvers announced he would leave SpringOwl Asset Management to pursue commercial interests elsewhere. As a result of his decision, he cho
Read more