Plus   Neg

Playtech H1 Adj. Pretax Profit Declines; Revenues Down 23% - Quick Facts

Playtech plc (PTEC.L) reported that its first half profit before tax from continuing operations declined by 71% to 10.5 million euros. Reported earnings per share from continuing operations in euro cents was 1.5 compared to 8.1. Adjusted profit before tax from continuing operations decreased by 45% to 52.4 million euros. Adjusted earnings per share from continuing operations in cents was 14.4 compared to 22.7.

First half revenue declined to 564.0 million euros from 727.8 million euros, last year. The Group said the the adverse impacts of COVID-19 between mid-March and June led to the total reported revenues decreasing by 23% and down 22% on a constant currency basis.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
Follow RTT