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William Hill Currently Expects Full Year Total Group Net Revenue To Increase By About 4% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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William Hill PLC (WMH.L) in its trading update said group net revenue for Q4 was up by 6% compared with a strong trading period in 2008. The Board currently expects total Group net revenue for the full year to have increased by approximately 4% compared with 2008 and earnings before interest and tax to be around £250 million.

The company also announced that Charles Scott, who has been with the Group as a director since 1999 and Chairman since 2004, has informed the Board that he will be standing down as Chairman by the end of 2010. The Board will now start the process to appoint Scott's successor and a further announcement will be made when appropriate.

Separately, William Hill said it has appointed Investec Bank plc as corporate broker alongside Citi with immediate effect.

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