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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.

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