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Friday's agenda: William Hill looking for rugby boost

Published: 18:08 22 Oct 2015 BST

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After Ladbrokes' results turned out better than expected, the pressure is on for its rival William Hill.

Chances are, it too has been hit by some unhelpful horse racing results but, like its rival, these should have been offset by some handy footie outcomes.

“Revenues were flat for the bookmaker in the first half with profits hit by regulatory measures and extra taxes on the sector; however, investors will be hoping that major sporting events such as the Rugby World Cup, European Championship qualifiers and the return of the Premier League will have given Q3 revenues a boost,” notes Graham Spooner at The Share Centre.

“The market will be looking for an update on how expansion into new regions such as Australia and the US is progressing, as well as the performance of key growth channels such as online and mobile,” he adds.

 

Significant announcements expected

Interim: Shire (LON:SHP), William Hill (LON:WMH).

Trading statement: William Hill (LON:WMH), TSB Banking Group (LON:TSB), Dechra Pharmaceuticals (LON:DPH).

 

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