TIDM888
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
GBP1.85 billion and Adjusted EBITDA of approximately GBP310
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 ir@888holdings.com
Vaughan Lewis, Chief Strategy Officer
James Finney, Director of IR
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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END
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March 23, 2023 03:00 ET (07:00 GMT)
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