Entain PLC (WBO:GVC)

€ 8.192 -0.102 (-1.23%) Market Cap: 5.20 Bil Enterprise Value: 9.74 Bil PE Ratio: 0 PB Ratio: 2.15 GF Score: 61/100

Q3 2023 Entain PLC Trading Statement Call Transcript

Nov 02, 2023 / 12:00PM GMT

Release Date Price: €10.08 (-7.01%)

Transcript

Jette Nygaard;Andersen

Entain Plc - CEO & Executive Director

Good morning, and welcomes to everyone, those online and here in the room.

We, at Entain, have been going through a transformation, and we felt that now was the right time to take you through how we can accelerate our operational performance from here. As such, we have a lot to share with you today, and I hope that when we have finished, you have 4 important factors clear. So firstly, that we have a highly attractive, diversified portfolio that is 100% regulated or regulating and can grow our online operations ahead of markets.

Secondly, that we are navigating through a high volume of regulatory changes that are impacting our near-term performance, but that we have a clear path forward through creating a more predictable and sustainable business. And thirdly that our strategy and capital allocation priorities are focused to drive organic growth and operational efficiencies to expand online EBITDA margins towards our long-term target of 30% and deliver better returns for our shareholders.

And

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