Notice of Full Year Results

Source: RNS
RNS Number : 9319T
888 Holdings plc
23 March 2023
 

 

23 March 2023

 

888 Holdings Plc

("888" or "the Group")

 

Notice of Full Year Results

 

888 (LSE: 888), one of the world's leading betting and gaming companies with internationally renowned brands including 888, William Hill, Mr Green and SI Sportsbook, will announce its Full Year Results for the year ended 31 December 2022, together with a trading update for the first quarter of 2023 on Friday 14 April 2023.

 

The Board confirms that 2022 results are consistent with the post-close trading update on 13 January 2023, with revenues of £1.85 billion and Adjusted EBITDA of approximately £310 million, both on a proforma basis. Furthermore, the Board confirms it is confident with current market expectations for Adjusted EBITDA for FY23.

 

A presentation for analysts and investors will be held remotely at 9:00am (BST) on the day, hosted by Lord Mendelsohn, Executive Chair, Yariv Dafna, Chief Financial Officer, and Vaughan Lewis, Chief Strategy Officer.

 

A Q&A session for debtholders will also be held on the day, at 13:00pm (BST).

 

Further information on how to register for the calls will be added to our website in due course, and included in the announcement on the day.

 

- Ends -

 

 

Enquiries and further information:

888 Holdings Plc

+44(0) 800 029 3050

Yariv Dafna, Chief Financial Officer

Vaughan Lewis, Chief Strategy Officer

James Finney, Director of IR

ir@888holdings.com

 

Media

 

888@hudsonsandler.com

Hudson Sandler

Alex Brennan / Charlotte Cobb / Andy Richards

+44(0) 207 796 4133

 

 

 

About 888 Holdings Plc:

888 Holdings plc (and together with its subsidiaries, "888" or the "Group") is one of the world's leading betting and gaming companies. In 2022, the Group acquired the international (non-US) business of William Hill to create a global industry leader. Headquartered in Gibraltar, and listed in London, the Group operates from 15 offices around the world and employs over 12,000 people globally.

 

The Group's mission is to lead the gambling world in creating the best betting and gaming experiences, bringing unrivalled moments of excitement to people's day-to-day lives. It achieves this by developing state-of-the-art technology and content-rich products that provide fun, fair, and safe betting and gaming entertainment to customers around the world.

 

The Group owns and operates internationally renowned brands including 888casino, 888sport, 888poker, William Hill and Mr Green. In addition, the Group operates the SI Sportsbook brand in the US in partnership with Authentic Brands Group.

Find out more at:

http://corporate.888.com/

 

Important Notices

This announcement may contain certain forward-looking statements, beliefs or opinions, with respect to the financial condition, results of operations and business of 888. These statements, which contain the words "anticipate", "believe", "intend", "estimate", "expect", "may", "will", "seek", "continue", "aim", "target", "projected", "plan", "goal", "achieve", words of similar meaning or other forward looking statements, reflect 888's beliefs and expectations and are based on numerous assumptions regarding 888's present and future business strategies and the environment 888 will operate in and are subject to risks and uncertainties that may cause actual results to differ materially. No representation is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of 888 to be materially different from those expressed or implied by such forward looking statements. Many of these risks and uncertainties relate to factors that are beyond 888's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behaviour of other market participants, the actions of regulators and other factors such as 888's ability to continue to obtain financing to meet its liquidity needs, changes in the political, social and regulatory framework in which 888 operates or in economic or technological trends or conditions. Past performance of 888 cannot be relied on as a guide to future performance. As a result, you are cautioned not to place undue reliance on such forward-looking statements. The list above is not exhaustive and there are other factors that may cause 888's actual results to differ materially from the forward-looking statements contained in this announcement. Forward-looking statements speak only as of their date and 888, its respective parent and subsidiary undertakings, the subsidiary undertakings of such parent undertakings, and any of such person's respective directors, officers, employees, agents, affiliates or advisers expressly disclaim any obligation to supplement, amend, update or revise any of the forward-looking statements made herein, except where it would be required to do so under applicable law. No statement in this announcement is intended as a profit forecast or a profit estimate and no statement in this announcement should be interpreted to mean that the financial performance of 888 for the current or future financial years would necessarily match or exceed the historical published for 888

 

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