Sportech has posted a net profit of £13.1m for the 2016 year, benefiting from a net gain of £91.0m following the successful Supreme Court outcome on its long-running Spot the Ball VAT ruling.
Alongside an agreement to dispose of its Football Pools business for £83.0m, Sportech said Thursday that its full year results were in line with expectations as EBITDA rose 3 per cent to £23.8m, although revenue fell by 2 per cent to £98.6m.
"This has [...]
