Flutter Entertainment (FLTRF.L, FLTR LN)

  • 5956.0
  • 78.4
  • 95.4


    Closing Price (p): 7598.0

  • RATING 08/05/19

  • PREVIOUS RATING 29/08/17


Company Profile

Flutter Entertainment is a leading international sports betting and gaming operator. It offers an online and retail proposition via a range of leading local brands, including Paddy Power, Betfair, FanDuel, TVG, Sportsbet and Adjarabet. It does so across four key divisions - Online, Australia, US, Retail. In 2019, we estimate revenues were £2.1bn and EBITDA (pre-IFRS16) was c.£390m. The recently announced acquisition of The Stars Group enhances the group's position and is expected to be at least 50% accretive to underlying diluted EPS in the first full year post completion.

Major Shareholders%
Parvus Asset Mgmt11.1
MFS Investment Mgmt8.0
Citigroup Global Markets5.7