Entain plc (ENT) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Entain's 2026 interim results presentation and I'm delighted to be speaking to you again and sharing another strong set of Entain results. It's been a busy first half with lots of progress across the business. So I will begin with an overview of our first half touching on the highlights of our performance and strategic progress delivered so far this year. I will then hand over to our CFO, Mike Snape, who will provide greater detail on our financial performance and outlook for 2026. Next, you will hear from our Chief Commercial Officers, Andy Hicks and Kerry Sloan, who both will discuss how Entain is winning in the markets and driving growth across the group. Mike will then return to outline the actions we're taking to support this growth, to accelerate operational excellence and deliver shareholder value. And finally, I will conclude with a few closing remarks before we open to take your questions. So, turning to the headlines. Entain has delivered a strong first half performance. Our underlying momentum has continued, with both online and retail performing ahead of expectations. And this now marks online's 9th consecutive quarter of growth, and that's despite tough prior year comparators. The UK, Spain, Canada and Australia and New Zealand were particular highlights, each continuing to deliver double digit growth. Our focused execution and strengthening operations are enhancing both our product and player experiences across the group. The business also performed well during the recent World Cup, a key customer acquisition opportunity for us and I'm delighted that our first time deposits were double those seen in the previous World Cup. alongside this strong performance we're also continuing to make good strategic progress getting sharper ...