Friday preview: Robust performance expected from William Hill
Hot on the heels of a trading update from Ladbrokes comes an interim management statement from perennial bookmaking rival William Hill.
Hot on the heels of a trading update from Ladbrokes comes an interim management statement from perennial bookmaking rival William Hill.
"The key catalyst will be the successful resolvement [sic] of the William Hill Online (WHO) JV [joint venture] with Playtech," reckons Panmure Gordon.
"We expect trading to have remained robust with a better Cheltenham festival than last year and unpredictable football results," the broker said.
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Peel Hunt expects a continuation of the positive trends seen over the past few years, although it notes that William Hill online is up against tough benchmarks.
"It will be interesting to see how machine gross win per week is progressing, given that the company was well ahead of Ladbrokes in terms of implementing a successful machines strategy," Peel Hunt added.
INTERIM DIVIDEND PAYMENT DATE
Abcam, AdEPT Telecom, Brooks Macdonald Group, Craneware, Downing Absolute Income VCT 1, Matrix Income & Growth 2 VCT, Smiths Group
QUARTERLY PAYMENT DATE
Personal Assets Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
IFO Business Climate (GER) (09:00)
IFO Current Assessment (GER) (09:00)
IFO Expectations (GER) (09:00)
Producer Price Index (GER) (07:00)
GMS
Summit Corporation
FINALS
Alpha Bank GDR (Reg S) USD, National Bank of Greece ADR, Shaft Sinkers Holdings
ANNUAL REPORT
Travis Perkins
IMSS
Spectris, William Hill
AGMS
Capital & Counties Properties , Mediwatch, Rotork, Spectris
TRADING ANNOUNCEMENTS
Record
FINAL DIVIDEND PAYMENT DATE
Access Intelligence, Heavitree Brewery, Heavitree Brewery 'A' Shares
Q1
African Barrick Gold
JH
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