iGaming Business – UK bookmaker Ladbrokes has issued a post-close trading update in which it said it expects operating profit for 2013 to be on target and in line with forecasts.
The company said that operating profit would likely be “around the middle” of the current range of analysts’ forecasts of between £129.8 million (€155.8 million/$212.3 million) and £151 million.
Ladbrokes also said that it remains on track to deliver against its key strategic priorities in the first half of the year. The company highlighted driving digital performance through to the second half of the year as one of the key priorities.
Meanwhile, in line with previous guidance, Ladbrokes also intends to hold the total dividend per share at its current level (8.90p per share in 2012) in 2013 and at least maintain it at this level into 2014.
Ladbrokes will issue its full-year results on February 25.
