William Hill (WMH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

157.50p
   
  • Change Today:
    -14.50p
  • 52 Week High: 205.20
  • 52 Week Low: 132.30
  • Currency: UK Pounds
  • Shares Issued: 874.19m
  • Volume: 6,957,016
  • Market Cap: £1,376.85m
  • RiskGrade: 215

William Hill profits slump on UK govt betting cap, US expansion

By Frank Prenesti

Date: Friday 09 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Gambling firm William Hill said first-half adjusted operating profits slumped by a third as the UK government\'s regulatory cap on fixed odds betting terminals and US expansion costs hit home.
The company on Friday said adjusted operating profit fell 33% to £76.2m, adding that it now expected the full year figure to be £50m - £70m.

William Hill said it would book an exceptional charge and adjustments of £114.3m, including £97.1m to cover the cost of closing shops and sacking staff as a result of the government cap, leading to a statutory loss before tax of £63.5m.

The company in July said it planned to close 700 betting shops, or a third of its branches, putting 4,500 jobs at risk after the government cut the maximum stake on fixed odds terminals to £2 from £100.

Critics said punters could lose vast amounts of money in a short space of time, seeing the machines, which offered simulated versions of blackjack, poker and roulette, as the crack cocaine of gambling.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

William Hill Market Data

Currency UK Pounds
Share Price 157.50p
Change Today -14.50p
% Change -8.43 %
52 Week High 205.20
52 Week Low 132.30
Volume 6,957,016
Shares Issued 874.19m
Market Cap £1,376.85m
RiskGrade 215

William Hill Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.80% above the market average31.80% above the market average31.80% above the market average31.80% above the market average31.80% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Price Trend
30.8% below the market average30.8% below the market average30.8% below the market average30.8% below the market average30.8% below the market average
18.92% below the sector average18.92% below the sector average18.92% below the sector average18.92% below the sector average18.92% below the sector average
Income
55.96% above the market average55.96% above the market average55.96% above the market average55.96% above the market average55.96% above the market average
11.63% above the sector average11.63% above the sector average11.63% above the sector average11.63% above the sector average11.63% above the sector average
Growth
87.86% below the market average87.86% below the market average87.86% below the market average87.86% below the market average87.86% below the market average
94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average

What The Brokers Say

Strong Buy 9
Buy 0
Neutral 10
Sell 0
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

William Hill Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Apr-20 24-Oct-19
Paid 04-Jun-20 28-Nov-19
Amount 5.34p 2.66p

Trades for 27-Feb-2020

Time Volume / Share Price
16:50 140 @ 160.75p
16:50 5,222 @ 160.63p
16:35 1,772,702 @ 157.50p
16:29 575 @ 156.85p
16:29 1,091 @ 156.85p

William Hill Key Personnel

CFO Ruth Prior
Chair Roger Devlin
CEO Ulrik Bengtsson

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