Gala go­ing strong

Daily Mail - - City & Finance -

GALA Co­ral’s boss hailed ‘strong’ re­sults ahead of the com­pany’s £2.3bn merger with ri­val book­maker Lad­brokes.

Rev­enues for the year rose 6.4pc to just over £1bn – boosted by in­creased num­bers bet­ting on­line – and prof­its edged 1.3pc higher to £205.3m.

‘The group’s fi­nan­cial per­for­mance in the full year was strong,’ said chief ex­ec­u­tive Carl Leaver.

He dis­missed claims that Lad­brokes share­hold­ers will lose out from the pro­posed merger, point­ing out that 96pc voted in favour of the deal.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.