Tag: Ladbrokes yearly profit forecast
Ladbrokes ‘within range’ of yearly profit forecast
November 20, 2013
iGaming Business – UK bookmaker Ladbrokes has insisted it is still “within range” of reaching analysts’ profit forecasts for 2013 despite ongoing speculation that it could be forced to cut estimates further due to what it described as “recent adverse sporting results”. “Ladbrokes notes market speculation with respect to recent adverse sporting results,” Ladbrokes said. “Current expectation for Group performance for 2013 remains within the range of analyst EBIT forecasts for the full year (£138 million – £151 million). But with a key part of the sporting calendar ahead it is extremely premature to speculate on the outturn for the…