Wednesday December 9,2015 : 888 HOLDINGS ISSUES BRIEF PRE-CLOSE TRADING UPDATE
It's all going well, says chairman Mattingley.
The Gibraltar-based online gambling group 888 Holdings plc has issued a brief pre-close trading update on business prior to entering the close period in respect of its preliminary results for the year ending 31 December 2015.
Executive chairman Brian Mattingley reports that the group has continued to deliver a very encouraging performance in line with the Board's expectations.
"As a result of the continued trading momentum in the second half of the year, the Board anticipates that adjusted EBITDA for the period will be at the top end of the range of analysts' current forecasts, Mattingley said.
"Building on our very encouraging first half performance, 888 has continued to trade well through the second half of the year, driven by notably strong performances in Casino and Sport. Underpinned by our quality brands, leading technology and CRM expertise, 888 remains very well positioned to deliver long term sustainable growth."