Flutter Entertainment plc

Duel in the crown

  • Aug 14 2023, 15:15 IST/BST
  • Paul Ruddy
  • Company Report
  • 8 page(s)
  • Sectors : Gaming
  • Companies : Flutter Entertainment plc

Ratings and price correct at time of issue.

  • Flutter Entertainment plc

    Closing Price: 14335p

  • RATING 08/05/19

  • PREVIOUS RATING 29/08/17



Flutter’s interim results were ahead of our expectations with the US inflecting into profitability and the UK&I and International divisions performing very strongly, offset somewhat by higher than anticipated levels of online reversion in Australia. The presentation and management rhetoric preceding the update were upbeat, and some of the additional detail provided gives us further conviction in the investment case, particularly in the US.

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Aug 14 2023, 15:15 IST/BST