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Coral results boosted by strong online performance

Coral: Online performance boosted results
Coral: Online performance boosted resultsCredit: Ian MacNicol

Gala Coral announced a positive set of fourth quarter results on Thursday, with net revenue nearly nine per cent up compared to the same period last year.

Total net revenue was 8.9 per cent ahead of 2015 for the 12-week period ending September 25, helped largely by strong performances from the online division.

Net revenue online rose 23.7 per cent, with sports stakes growth helping contribute to a 31.7 per cent increase on net revenue for the Coral website.

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