Pre-Close Trading Update

RNS Number : 1266I

888 Holdings plc

07 December 2015

 

7 December 2015

888 Holdings Public Limited Company

("888" or "the Group")

Pre-Close Trading Update

888, one of the world's most popular online gaming entertainment and solutions providers, today reports on trading prior to entering the close period in respect of its preliminary results for the year ending 31 December 2015 (the "Period").

Further to the announcement of 888's Half Yearly Report on 28 August 2015, the Group has continued to deliver a very encouraging performance in line with the Board's expectations. As a result of the continued trading momentum in the second half of the year, the Board anticipates that adjusted EBITDA* for the Period will be at the top end of the range of analysts' current forecasts.

Brian Mattingley, Executive Chairman of 888, said:

"Building on our very encouraging first half performance, 888 has continued to trade well through the second half of the year, driven by notably strong performances in Casino and Sport. Underpinned by our quality brands, leading technology and CRM expertise, 888 remains very well positioned to deliver long term sustainable growth."

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* Calculation consistent with past practice.

Contacts and enquiries:

888
Brian Mattingley, Executive Chairman	[phone]
Aviad Kobrine, Chief Financial Officer
Itai Frieberger, Chief Operating Officer
Hudson Sandler	[phone]
Alex Brennan
Andrew Hayes

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Forward- looking statements may and often do differ materially from actual results. Any forward-looking statements in this announcement reflect 888's view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, 888 undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.

 

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