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William Hill full-year operating profit falls 10 pct
February 24, 2017 / 7:35 AM / 8 months ago

William Hill full-year operating profit falls 10 pct

Feb 24 (Reuters) - British bookmaker William Hill Plc said on Friday its annual operating profit fell 10 percent as challenging trading conditions and unfavourable football results late in the year took their toll.

The company, which is searching for a new chief executive and has struggled to find a partner in a fast consolidating industry, said trading in the seven weeks to Feb. 14 showed positive trends.

Operating profit for the 52 weeks to Dec. 27 fell to 261.5 million pounds ($328.2 million) from 291.4 million pounds year earlier on revenue up 1 percent to 1.6 billion pounds. ($1 = 0.7969 pounds) (Reporting by Rahul B in Bengaluru; editing by David Clarke)

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