Flutter Entertainment

Q1 performance along expected lines

  • Sectors : Gaming
  • Companies : Flutter Entertainment

Ratings and price correct at time of issue.

  • Flutter Entertainment

    Closing Price: 8290p

  • RATING 08/05/19

  • PREVIOUS RATING 29/08/17



Flutter Entertainment’s (Flutter) Q1 performance reflects its enviable position in the all-important US market but also the challenging regulatory and trading environment it must contend with on the ex-US side of the business. The group result is along expected lines – a +6% year-on-year (yoy) increase in Q1 group revenue is consistent with our (+4%) and consensus (+5%) forecast growth rates. We are likely to leave our current year forecasts unchanged at this time.

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May 4 2022, 07:15 IST/BST