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Webis Shares Sink on H1 Revenue Decline

4th February 2010 8:00 am GMT

Shares in Webis Holdings plc fell by nearly a quarter in London yesterday after the company reported a 21% decline in group turnover to £56.4 million for the half year ended November 29th 2009, following a significant reduction in turnover from its betinternet.com fixed odds sportsbook.

Webis' pari-mutuel operation, European Wagering Services, continued its recent good performance with a 22% year-on-year increase in turnover to £18.4 million for the period, as a result of the successful [...]

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