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William Hill swings to loss in 2017 after £238m Australia write-down

23rd February 2018 10:15 am GMT
William Hill

UK bookmaker William Hill has reported a net loss of £83.2m for 2017 after incurring £335m of exceptional costs and adjustments, mostly relating to the goodwill impairment of its Australian business.

The company said it delivered a strong underlying performance during the year as net revenue increased by 7 per cent to £1.71bn, reflecting its focus on rejuvenating its Online business, building an attractive omni-channel proposition and growing US operations.

"William Hill begins 2018 in a stronger [...]

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