Accuracy Coverage Pricing Help Centre Contact

GVC declare 10% increase in dividend to 17.6p per share

Investment Tools Ltd.
GVC declare 10% increase in dividend to 17.6p per share

GVC declare they will pay an interim dividend of 17.6p, reflecting an increase of 10% compared to last year, and in-line with the new policy of double-digit year-on-year increases.

Other financial highlights include:

Very strong operational performance: 

o Online proforma2 NGR +17% (+18% cc3) and market share gains in all major territories

o UK Retail Like-for-Like7 NGR -10%, ahead of expectations

o European Retail proforma2 NGR +7% (+8% cc3) with growth in all territories

Full year EBITDA4/8 and Operating profit5/8 now expected to be a further £10m ahead of expectations 

Net Debt / EBITDA (pre IFRS 16) leverage full year guidance improved to 2.9x

Significant Responsible Gambling commitments:

o Ten-fold increase in contributions to Responsible Gambling causes

o Voluntary whistle-to-whistle television advertising ban in the UK

o Withdrawal of all marketing associated with English and Scottish football teams, and donation of existing shirt sponsorships to 'Children with Cancer' charity

US: New Jersey full online launch on-track for the start of the 2019 NFL season in September

The Group expects to continue to offer online sports-betting and gaming into Germany in the period through to the new regulatory framework in 2021

Companies mentioned

Latest News

Investment Tools Limited

 There has been one cancelled and one reduced dividend today, these are:

Read more
Investment Tools Limited

There has been one cancelled dividend today, this is:

Read more
Investment Tools Limited

There has been one cancelled and one deferred dividend today, these are:

Read more
Investment Tools Limited

There has been one cancelled dividend today, this is:

Read more
Investment Tools Limited

There has been 2 cancelled dividends today, these include:

Read more
Investment Tools Limited

There has been one cancelled dividend today, this is:

Read more
Investment Tools Limited

There has been a number of cancelled and suspended dividends today, these include:

Read more
Investment Tools Limited

The Directors of M Winkworth Plc ("Winkworth" or the "Company") have announced that the Company will pay a dividend of 1.68p per ordinary share for the first quarter of 2020 to shareholders.

Read more
Investment Tools Limited

During 2019 Chesnara continued to deliver strong cash generation, funding the dividend strategy as well as maintaining a robust group solvency ratio. Economic Value increased significantly as a result of favourable economic conditions, despite the impact of a substantive foreign exchange loss due to currency fluctuations.  Prudent financial and operational management has resulted in Chesnara's operations, solvency and dividends all being resilient to the impacts of Covid-19, however the Economic Value will have fallen subsequent to the year end.

Read more
Investment Tools Limited

888, a popular online gaming entertainment and solutions providers, announces that its board of directors has recommended the payment of a final dividend comprising 3.0 cents per share.

Read more
More News