Ladbrokes maintaint its 2014 full year dividend and intends to next year

DividendMax Ltd.

Ladbrokes maintaint its 2014 full year dividend and intends to next year

ll operational objectives delivered to plan and on time

·     Ladbrokes' competitive position improved and platform for growth established

·     FY14 Group operating profit -9.3%. H2 growth objective delivered +30.4% (H1: -33.7%)

·     Strong World Cup performance across all divisions

·     H2 customer metrics improve in key focus areas (Sportsbook, Gaming, Australia, SSBTs, Machines)

·     Exceptional items: £74.5m (£20.4m cash); shop closure costs and impairment driven by regulation and tax; desktop sportsbook transition

·     Clear operational objectives established for 2015 to maintain momentum during CEO transition

·     Social responsibility: leadership in embedding higher standards at Ladbrokes and the industry

·     Board currently intends to maintain 8.9p dividend per share for 2015

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