premium
Ladbrokes Coral update goes down well in City
Ladbrokes Coral chief executive Jim Mullen
Ladbrokes Coral shares rose last week as the bookmaker issued a trading update which went down well in the City.
A weak performance from the company's retail sector was one of the features of the update, but it was offset by a better performance from digital betting while synergies from the merger of the two brands have increased to £150 million from £100m.
Chief executive Jim Mullen said: "I'm comfortable and happy with a strong overall performance.
Read the full story
Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.
Subscribe to unlock
- Racing Post digital newspaper (worth over £100 per month)
- Award-winning journalism from the best writers in racing
- Expert tips from the likes of Tom Segal and Paul Kealy
- Replays and results analysis from all UK and Irish racecourses
- Form study tools including the Pro Card and Horse Tracker
- Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Already a subscriber?Log in
Bill BarberIndustry editor
Published on 29 July 2017inFeatures
Last updated 09:17, 29 July 2017
Copymore inFeatures
- Government says it is working 'at pace' to have white paper measures in force by the summer
- 'The only thing you can do is lie fallow and regroup' - Meades to return with scaled-back operation following blank period
- The Gambling Commission has launched its new corporate strategy - but what are the key points?
- 'It was tragic it happened to Paddy but it was a good thing for the jockeys who followed - good came out of bad'
- Acquisitions, exits and retail resilience - what we learned from Flutter and 888's results
more inFeatures
- Government says it is working 'at pace' to have white paper measures in force by the summer
- 'The only thing you can do is lie fallow and regroup' - Meades to return with scaled-back operation following blank period
- The Gambling Commission has launched its new corporate strategy - but what are the key points?
- 'It was tragic it happened to Paddy but it was a good thing for the jockeys who followed - good came out of bad'
- Acquisitions, exits and retail resilience - what we learned from Flutter and 888's results