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Online and European retail buoy GVC Holdings in Q4

17th January 2020 9:46 am GMT
GVC

London-listed gaming operator GVC Holdings expects to report 2019 earnings at the top end of its guidance following another strong performance from its online operations in the final quarter of the year.

GVC said Friday that full-year pre-IFRS16 EBITDA should be at the upper end of its upgraded Q3 guidance of between £670m and £680m, with strong online growth continuing into the fourth quarter to deliver a 9 per cent increase in net gaming revenue (NGR), [...]

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