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Webis Holding buoyed by first annual profit since 2009

28th October 2013 10:22 am GMT

Shares in AIM-listed Webis Holding soared by more than twenty per cent in London this morning after the company reported its first annual net profit since 2009.

Group turnover increased by 48 per cent to £168.6m for the year ended May 31st, with growth across the company’s sportsbook and pari-mutual businesses.Webis Holding chairman Denham Eke said: “We have consistently achieved good advances within both of our gaming subsidiaries: WatchandWager.com and betinternet.com. This follows our continued [...]

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