Football provides shot in the arm for Ladbrokes

Favourable results make up for 'worst' Cheltenham on record

4th August, 2016
Ladbrokes says Irish business more competitive Picture: Feargal Ward

British bookmaker Ladbrokes' profits and revenue in the first half of this year were ahead of expectations, helped by favourable sports results.

Revenue was up just over 13 per cent compared with a year earlier to £661.8m, with operating profit jumping 34.4 per cent to £52.3m. Earnings per share rose by 41.7 per cent to 3.4p and pre-tax profits climbed by 61 per cent to £39.8m.

It said it hoped a competitive process could be successfully...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Emer McLysaght: Dazed and confused in a new age of A&E

Nadine O’Regan: Will the pandemic finally deliver a revolution in comfort dressing?

Brian Keegan: A solidarity tax would be a step backwards

Tax Brian Keegan 1 day ago

Tony O’Brien: Our quarantine approach seems designed with failure in mind