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BRIEF-Ladbrokes sees FY expectations supported by robust Q3 performance
October 18, 2016 / 6:36 AM / in a year

BRIEF-Ladbrokes sees FY expectations supported by robust Q3 performance

Oct 18 (Reuters) - Ladbrokes Plc :

* Q3 2016 trading update

* Q3 financial performance supportive of our full year expectations

* In UK retail, net revenue increased by 1.9 pct

* Higher OTC margins had a more normalised impact on Q3 OTC staking which was down 4.3 pct or 3.9 pct on a like-for-like basis

* In digital, Ladbrokes.Com and exchanges net revenue increased by 32.7 pct

* In European retail net revenue grew 11.3 pct (up 1.1 pct on a constant currency basis)

* Expect UK government to commence its triennial review of stakes and prizes on UK gaming machines in near future and we look forward to supporting government Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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