Quick Facts

888 Holdings H1 Profit Surges

Online gaming company 888 Holdings plc (888.L) posted a surge in its profit for the first half, as revenues rose seven percent, driven by B2C Casino and Poker.

The group's profit after tax for the half year surged 205% to $32.1 million from $15.7 million last year.

On a per share basis, earnings jumped to 9.0 cents from 4.4 cents, and adjusted earnings increased to 9.9 cents from 7.2 cents.

Profit before tax rose to $35.5 million from $18.4 million, and adjusted profit before tax increased to $38.1 million from $27.9 million a year ago.

Revenue for the first half increased 7 percent to $200.1 million from $186.4 million. B2C revenue rose 8 percent to $177.0 million.

The group also said the Board has decided to declare an interim dividend of 3.0 cents per share in accordance with its stated dividend policy.

by RTTNews Staff Writer

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