Entain PLC (OTCPK:GMVHY)

$ 8.435 -0.125 (-1.46%) Market Cap: 5.39 Bil Enterprise Value: 10.13 Bil PE Ratio: 0 PB Ratio: 2.11 GF Score: 71/100

Q2 2022 Entain PLC Trading Update Call Transcript

Jul 07, 2022 / 08:00AM GMT

Release Date Price: $13.24 (-3.29%)

Transcript

Unidentified Company Representative

Good morning, and welcome to Entain's Q2 Trading Update and Investor Call. I will now pass you over to CEO, Jette Nygaard-Andersen to open today's call.

Jette Nygaard;Andersen

Entain Plc - CEO & Executive Director

Good morning, everyone, and thank you for dialing in today. As usual, I'm joined on this call by Rob Wood, CFO and Deputy CEO, as well as the IR team. And I'll start with a brief performance overview, and then Rob will take you through our Q2 trading in greater detail, and then we'll open up to Q&A.

So I'm pleased to say that Entain continues to deliver on our strategy of focusing on our customers. We continue to attract broader, more recreational audiences with great products, engaging content and exciting experiences. In fact, in Q2, we had our highest ever of actives, up 60% versus Q2 2019, i.e., versus pre-COVID. Our retail operations continue to see customers engage with the richer experience our shops provide with volumes back to pre-COVID levels and in some cases, ahead. However,

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