Entain PLC (WBO:GVC)
€ 8.502 -0.43 (-4.81%) Market Cap: 5.38 Bil Enterprise Value: 9.33 Bil PE Ratio: 0 PB Ratio: 2.06 GF Score: 62/100

Half Year 2022 Entain PLC Earnings Call Transcript

Aug 11, 2022 / 08:00AM GMT
Release Date Price: €15.6 (+4.00%)
Jette Nygaard;Andersen
Entain Plc - CEO & Executive Director

Good morning and thank you for joining our interim results presentation today.

I'll start with a brief overview then spend some time giving details on our other exciting announcement this morning, namely our strategy for Central and Eastern Europe, including the acquisition of SuperSport. We can then return to our half year performance, with Rob talking through our numbers. Finally, I'll update you all on our strategic progress before we finish with questions.

A few weeks ago, we updated you on our trading in Q2 and the first half of the year. Today, I want to be clear with the message. Entain's first half performance was robust, as we successfully continued to deliver on our strategy. Our retail business performed strongly, as customers enjoyed the updates made to our machines and overall in-store experience. Our online performance was more mixed as we faced into various headwinds and particularly lapping tough COVID comparators. By putting the customer at the heart of our strategy, our decision-making

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