The 888 Holdings Board has declared an interim dividend of 4.5¢ per share in accordance with 888's dividend policy. (H1 2020: 6.0¢ per share, out of which 2.8c one-off). The 40% increase in regular dividend reflects the strong performance of the Group during the first half of the year.
Other financial highlights include:
- Revenue from regulated and taxed markets represented 75% of Group revenue (H1 2020: 73%), with over 50% growth in regulated markets revenue
- Adjusted EBITDA of $97.4 million (H1 2020: $70.1 million), with the Adjusted EBITDA margin stable at 18.4% (H1 2020: 18.5%)
- Adjusted basic earnings per share of 18.3c (2020: 12.2c), Basic earnings per share of 13.7c (H1 2020: 12.4c)
- Cash and cash equivalents, net of customer balances, of $114.4 million (H1 2020: $77.4 million)