UK-listed gaming operator Ladbrokes said Thursday that it expects full-year profits to hit the mid-range of analyst forecasts, but has admitted that a number of strategic targets need to be met to kick-start online growth in the second half of the year.

In a post-close trading update the operator said that it expects operating profit to come in around the middle of the current range of analyst forecasts, between £129.8m and £151m. This is consistent with the guidance given to the market in November last year, which followed speculation that profits would be hit by adverse sporting results.

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