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William Hill PLC (WMH.L)

WMH.L on London Stock Exchange

167.25GBp
18 Apr 2019
Change (% chg)

0.95 (+0.57%)
Prev Close
166.30
Open
165.35
Day's High
167.65
Day's Low
163.00
Volume
1,929,550
Avg. Vol
4,242,014
52-wk High
339.80
52-wk Low
148.10

Latest Key Developments (Source: Significant Developments)

William Hill Says FY Stat Loss Before Tax 721.9 Mln Stg
Friday, 1 Mar 2019 

March 1 (Reuters) - William Hill PLC ::FINAL RESULTS.FY STATUTORY NET REVENUE 1,621.3 MILLION STG VERSUS 1,711.1 MILLION STG AS REPORTED LAST YEAR.FY STAT LOSS BEFORE TAX 721.9 MILLION STG VERSUS PROFIT 146.5 MILLION STG.FY ADJUSTED PROFIT BEFORE TAX 200.2 MILLION STG VERSUS 237.4 MILLION STG.FY DIVIDEND PER SHARE 12.0 PENCE VERSUS 13.2 PENCE.OUTLOOK FOR 2019 IS IN LINE WITH MARKET EXPECTATIONS.GROUP'S EFFECTIVE TAX RATE FOR 2019 IS NOW EXPECTED TO BE C12%.FY EXCEPTIONAL CHARGE AND ADJUSTMENTS OF £922.1M INCLUDING, AS PREVIOUSLY REPORTED, £882.8M NON-CASH IMPAIRMENT TO RETAIL.GOAL TO DOUBLE PROFITS BY 2023.SEES DURING 2019 NET DEBT TO EBITDA RATIO TO TEMPORARILY EXCEED TWO TIMES DUE TO INCREASED INVESTMENT IN BUSINESS, LOWER OPERATING PROFIT."IN 2019 WE ARE REMODELLING OUR RETAIL OFFER".  Full Article

William Hill Received All Necessary Competition Approvals For MRG Deal
Monday, 7 Jan 2019 

Jan 7 (Reuters) - William Hill PLC ::WILLIAM HILL PLC - REGULATORY APPROVAL.WILLIAM HILL PLC - HAS RECEIVED ALL NECESSARY COMPETITION APPROVALS FOR ACQUISITION OF MRG.WILLIAM HILL PLC - LAST DAY TO ACCEPT RECOMMENDED CASH OFFER FROM WILLIAM HILL IS 17 JANUARY 2019.  Full Article

William Hill US to Benefit Financially From deal Between The Stars Group, Eldorado Resorts
Tuesday, 27 Nov 2018 

Nov 26 (Reuters) - William Hill Plc ::WILLIAM HILL- WILLIAM HILL US APPROVED AND WILL BENEFIT FINANCIALLY FROM AGREEMENT BETWEEN THE STARS GROUP AND ELDORADO RESORTS.AGREEMENT DOES NOT MODIFY THE STRATEGIC NATIONWIDE PARTNERSHIP BETWEEN WILLIAM HILL US AND ELDORADO ANNOUNCED EARLIER.WILLIAM HILL RECEIVES 50% OF THE EQUITY OR EQUIVALENT IN STARS GROUP PAYABLE FOR ACCESS TO ELDORADO’S ONLINE SPORTS BETTING SKINS.WILLIAM HILL REMAINS ELDORADO’S EXCLUSIVE PARTNER FOR LAND-BASED SPORTS BETTING SERVICES..WILLIAM HILL WILL ALSO RECEIVE THE FIRST $25 MILLION OF REVENUE SHARE PAYABLE BY STARS AND MAJORITY OF REVENUE SHARE THEREAFTER.  Full Article

William Hill To Acquire 4.7 Pct Of Outstanding MRG Shares
Friday, 9 Nov 2018 

Nov 9 (Reuters) - William Hill PLC ::AGREEMENT TO ACQUIRE OUTSTANDING MRG SHARES.HAS ENTERED INTO AN AGREEMENT TO ACQUIRE 4.7 PCT OF OUTSTANDING SHARES OF MR GREEN & CO AB.ACCEPTANCE PERIOD FOR OFFER IS EXPECTED TO COMMENCE AROUND 10 DECEMBER 2018 AND END AROUND 11 JANUARY 2019.  Full Article

William Hill to buy 4.7 pct of shares in Mr Green
Friday, 9 Nov 2018 

Nov 9 (Reuters) - William Hill PLC ::AGREEMENT TO ACQUIRE OUTSTANDING MRG SHARES.SAYS WILLIAM HILL HAS ENTERED INTO AN AGREEMENT TO ACQUIRE 4.7% OF OUTSTANDING SHARES OF MR GREEN & CO AB AT A PRICE PER SHARE OF SEK 69 IN CASH.  Full Article

William Hill Looks To At Least Double Profits Between 2018 & 2023
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - William Hill PLC ::WILLIAM HILL PLC - CO'S AMBITION IS TO AT LEAST DOUBLE PROFITS BETWEEN 2018 AND 2023.WILLIAM HILL PLC - TARGET IS TO GROW DIGITAL REVENUES TO REACH C£1BN (IN CONSTANT CURRENCY) BY 2023.WILLIAM HILL - 2019 WILL BE TRANSITION YEAR AS GOOD UNDERLYING GROWTH WILL BE OFFSET BY HIGHER REMOTE GAMING DUTY, FY EFFECT OF REGULATORY HEADWINDS.WILLIAM HILL PLC - ONLINE PROFIT IN 2019 IS EXPECTED TO BE BROADLY FLAT ON 2018 (EXCLUDING ANY CONTRIBUTION FROM MRG).WILLIAM HILL PLC - ACQUISITION OF MRG IS EXPECTED TO CONTRIBUTE APPROXIMATELY £25M EBITDA PLUS SYNERGIES IN 2019.WILLIAM HILL - AMBITION IS TO GROW WILLIAM HILL US'S EBITDA FROM C$50M IN 2018 TO C$300M FROM US EXISTING AND US EXPANSION BUSINESS IN 2023.WILLIAM HILL PLC - WILLIAM HILL US IN 2019 IS EXPECTED TO MAKE A LOSS OF C$0-20M.WILLIAM HILL - INVESTING C$70M IN A NEW PROPRIETARY WILLIAM HILL US TECHNOLOGY PLATFORM USING PROVEN COMPONENTS FROM INSIDE GROUP AND FROM NEOGAMES.WILLIAM HILL PLC - CAPITAL EXPENDITURE IN 2019 IS EXPECTED TO INCREASE TO C£120-130M AS WE INVEST IN US EXPANSION.WILLIAM HILL PLC - COMMITTING TO UNDERPIN OVERALL ANNUAL DIVIDEND AT NOT LESS THAN 8 PENCE PER SHARE FROM 2019 ONWARDS.  Full Article

William Hill Sees Adverse Regulatory, Tax Changes Impacting Online Profit In 2018, 2019
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - William Hill PLC ::WILLIAM HILL PLC - TRADING STATEMENT.WILLIAM HILL PLC - ONLINE NET REVENUE +4% YTD, WITH SPORTSBOOK +8% AND GAMING +1%.WILLIAM HILL PLC - RETAIL NET REVENUE -4% YTD, WITH SPORTSBOOK -6% AND GAMING -2%.WILLIAM HILL PLC - FULL-YEAR OPERATING PROFIT IS EXPECTED TO BE IN RANGE OF £225M TO £245M.WILLIAM HILL PLC - ADVERSE REGULATORY AND TAX CHANGES WILL IMPACT ONLINE PROFIT GROWTH IN 2018 AND 2019.WILLIAM HILL PLC - FROM 2020 ONWARDS ONLINE BUSINESS IS EXPECTED TO RETURN TO STRONG OPERATING PROFIT GROWTH.  Full Article

Mr Green & Co Board Recommends Shareholders To Accept William Hill Bid
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Mr Green & Co AB (Publ) ::STATEMENT BY THE BOARD OF DIRECTORS OF MRG IN RELATION TO THE PUBLIC OFFER FROM WILLIAM HILL.BOARD OF MRG UNANIMOUSLY RECOMMENDS SHAREHOLDERS OF MRG TO ACCEPT PUBLIC OFFER FROM WILLIAM HILL OF SEK 69 IN CASH PER SHARE.OFFER REPRESENTS PREMIUM OF: 48.5 PERCENT COMPARED TO CLOSING PRICE OF SEK 46.5 OF CO'S SHARE ON NASDAQ STOCKHOLM ON OCT 30.  Full Article

William Hill Offers Buy Sweden-based Mr Green & Co
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - William Hill PLC ::RECOMMENDED OFFER TO SHAREHOLDERS OF MR GREEN & CO.OFFERS SEK 69 IN CASH PER SHARE IN MRG.TOTAL OFFER VALUE FOR ALL SHARES IN MRG AMOUNTS TO APPROXIMATELY SEK 2,819 MILLION.RECOMMENDED PUBLIC CASH OFFER ( "OFFER") TO SHAREHOLDERS OF MR GREEN & CO AB.OFFER REPRESENTS A PREMIUM OF: § 48.5 PER CENT COMPARED TO CLOSING PRICE OF SEK 46.5 OF COMPANY'S SHARE ON NASDAQ STOCKHOLM.BOARD OF DIRECTORS OF MRG RECOMMENDS OFFER FOR ACCEPTANCE BY SHAREHOLDERS OF MRG.SHAREHOLDERS IN MRG REPRESENTING IN AGGREGATE 40.04 PER CENT OF SHARES AND VOTES IN MRG, HAVE UNDERTAKEN TO ACCEPT OFFER.  Full Article

William Hill And Eldorado Resorts Enter U.S. Partnership
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - William Hill Plc ::WILLIAM HILL AND ELDORADO RESORTS ENTER US PARTNERSHIP.CO BECOMES ELDORADO'S EXCLUSIVE PARTNER IN PROVISION OF DIGITAL AND LAND-BASED SPORTS BETTING SERVICES AS WELL AS ONLINE GAMING.WILLIAM HILL US RETAINS 80 PCT OF ENHANCED BUSINESS.ELDORADO RECEIVES $50 MLN OF STOCK IN WILLIAM HILL PLC, SUBJECT TO A 3-5 YEAR LOCK UP.ELDORADO RECEIVES A 20 PCT STAKE IN WILLIAM HILL US AND A SHARE OF PROFITS ATTRIBUTABLE TO ITS LICENSES.AGREEMENT IS FOR AN INITIAL 25-YEAR TERM.INVESTMENT IN SPORTSBOOKS IN FIVE EXISTING CASINO PROPERTIES SET TO BEGIN IMMINENTLY WITH CAPITAL EXPENDITURE JOINTLY SPLIT.WILLIAM HILL PLC WILL ISSUE 13.4 MILLION NEW ORDINARY SHARES OF 10P EACH TO ELDORADO.  Full Article

REFILE-UPDATE 1-UK Stocks-Factors to watch on March 29

March 29 Britain's FTSE 100 .FTSE is seen opening 29 points higher at 7,263 on Friday, according to financial bookmakers. * RENEWI: British recycler Renewi Plc on Friday said earnings before interest and tax would take a 25 million euro hit from its continuing problems with soil shipments by its plant in Moerdijk, south of The Hague. * Numis: Numis Corporation Plc said on Friday challenging market environment and lower UK equity capital market volumes would hurt its first-half revenu