William Hill (WMH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

189.90p
   
  • Change Today:
      6.10p
  • 52 Week High: 264.10p
  • 52 Week Low: 132.30p
  • Currency: UK Pounds
  • Shares Issued: 874.15m
  • Volume: 8,525,332
  • Market Cap: £1,660.00m
  • RiskGrade: 170
  • Beta: 0.01

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 189.90p
Change Today 6.10p
% Change 3.32 %
52 Week High 264.10p
52 Week Low 132.30p
Volume 8,525,332
Shares Issued 874.15m
Market Cap £1,660.00m
Beta 0.01
RiskGrade 170

William Hill Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.34% above the market average15.34% above the market average15.34% above the market average15.34% above the market average15.34% above the market average
15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average
Price Trend
9.2% below the market average9.2% below the market average9.2% below the market average9.2% below the market average9.2% below the market average
11.39% below the sector average11.39% below the sector average11.39% below the sector average11.39% below the sector average11.39% below the sector average
Income
63.80% above the market average63.80% above the market average63.80% above the market average63.80% above the market average63.80% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
82.76% below the market average82.76% below the market average82.76% below the market average82.76% below the market average82.76% below the market average
74.03% below the sector average74.03% below the sector average74.03% below the sector average74.03% below the sector average74.03% below the sector average

What The Brokers Say

Strong Buy 13
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 17
strong_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
  Interim Final
Ex-Div 24-Oct-19 25-Apr-19
Paid 28-Nov-19 06-Jun-19
Amount 2.66p 7.74p

Trades for 20-Sep-2019

Time Volume / Share Price
16:42 103,561 @ 187.90p
16:35 5,202,149 @ 189.90p
16:29 1 @ 191.00p
16:29 347 @ 191.00p
16:29 412 @ 190.95p

William Hill Key Personnel

CEO Philip Bowcock
CFO Ruth Prior
Chair Roger Devlin
CEO Ulrik Bengtsson

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