Flutter Entertainment PLC (NYSE:FLUT)
$ 282.3 4.3 (1.55%) Market Cap: 50.26 Bil Enterprise Value: 53.43 Bil PE Ratio: 0 PB Ratio: 5.08 GF Score: 88/100

Q3 2021 Flutter Entertainment PLC Trading Statement Call Transcript

Nov 02, 2021 / 09:00AM GMT
Release Date Price: $176.14 (-7.48%)
Operator

Good day, and welcome, everyone, to the Flutter Entertainment Q3 Results Update Call hosted by Peter Jackson, CEO of Flutter Entertainment, along with Jonathan Hill, CFO. My name is Joe, and I'm your operator today.

(Operator Instructions) I'd also like to advise that the call today is being recorded. And now I would like to hand over to your host, Peter. Please go ahead.

Jeremy Peter Jackson
Flutter Entertainment plc - CEO & Director

Thank you, Joe. Good morning, everyone, and thank you for joining our Q3 trading update call. Today, I've got Jonathan Hill with me this morning. And hopefully, you all have had a chance to review our statement at this point. So I'll just touch on a few key issues before I open up for questions.

Overall, the group had a good third quarter, reporting revenue growth of 12% on the back of 13% growth in AMPs. In the U.K. and Ireland, we grew AMPs by 19% and with flat revenues, reflecting challenging sporting calendar comps, less favorable sports results year-on-year and the ongoing safer gambling initiatives

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