Business
Final results
Final results.
About this update from Entain Plc
[{"type":"text","content":"\n \nRNS Number : 8131R GVC Holdings PLC 05 March 2019 \n\n5 March 2019\nGVC Holdings PLC\n \n(\"GVC\" or the \"Group\")\n \nFinal results for the year ended 31 December 2018\n \nGlobal scale and market diversification delivering very strong online growth in all key territories\n \nGVC Holdings PLC (LSE: GVC), the global sports-betting and gaming Group, is pleased to announce its results for the year ended 31 December 2018. \n\n\n\n\nGroup\n\n\nReported1\n\n\nProforma2\n\n\n\n\nYear ended 31 December\n\n\n2018\n\n\n2017\n\n\n2018\n\n\n2017\n\n\nChange\n\n\nConstant currency3\n\n\n\n\n \n\n\n£m\n\n\n£m\n\n\n£m\n\n\n£m\n\n\n% \n\n\n% \n\n\n\n\nNet gaming revenue (NGR) \n\n\n2,979.5\n\n\n815.9\n\n\n3,571.4\n\n\n3,288.1\n\n\n9%\n\n\n9%\n\n\n\n\nRevenue\n\n\n2,935.2\n\n\n789.9\n\n\n3,523.6\n\n\n3,247.6\n\n\n8%\n\n\n9%\n\n\n\n\nGross profit\n\n\n2,004.2\n\n\n575.3\n\n\n2,404.4\n\n\n2,256.3\n\n\n7%\n\n\n \n\n\n\n\nUnderlying EBITDA4\n\n\n640.8\n\n\n211.3\n\n\n755.3\n\n\n666.5\n\n\n13%\n\n\n \n\n\n\n\nUnderlying operating profit5\n\n\n520.8\n\n\n169.2\n\n\n610.1\n\n\n514.1\n\n\n19%\n\n\n \n\n\n\n\nUnderlying profit before tax5\n\n\n434.6\n\n\n151.0\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLoss after tax\n\n\n(56.4)\n\n\n(34.9)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nDiluted EPS (p)\n\n\n(12.2)\n\n\n(11.6)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nContinuing adjusted diluted EPS6 (p)\n\n\n76.3\n\n\n43.6\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nTotal Dividend per share (p) \n\n\n32.0\n\n\n29.8\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nFinancial highlights (proforma basis2) \n· Proforma Group NGR up 9% at £3,571.4m\n· Proforma Group revenue up 8% at £3,523.6m\n· Proforma Group underlying EBITDA4 up 13% at £755.3m\n· Proforma Group underlying operating profit5 up 19% at £610.1m\nFinancial highlights (reported basis1) \n· Reported Group NGR up 265% at £2,979.5m\n· Reported Group underlying EBITDA4 up 203% at £640.8m \n· Reported Group loss after tax of £56.4m after charging £434.2m (£453.5m pre-tax...