William Hill plc

Key observations from call and initial view on FY estimates

  • Sectors : Gaming
  • Companies : William Hill plc

Ratings and price correct at time of issue.

  • William Hill plc

    Closing Price: 138p

  • RATING 13/02/14

  • PREVIOUS RATING 16/02/11

    OUTPERFORM

DAVY VIEW

William Hill’s (WMH) performance year-to-date is a reminder of the challenges — both external and internal — facing the business at present. However, many of these are well understood and no worse than feared. As such, we do not expect to make material changes to our estimates at this time. We currently expect adjusted operating profits to fall 45% to £128m (consensus: £133m). Below, we set out our key observations from its short conference call (held at 08.15).

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May 15 2019, 09:15 IST/BST

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