Flutter Entertainment PLC (STU:PPB)
€ 254.4 -8.8 (-3.34%) Market Cap: 46.34 Bil Enterprise Value: 50.10 Bil PE Ratio: 0 PB Ratio: 4.93 GF Score: 80/100

Half Year 2019 Flutter Entertainment PLC Earnings Call Transcript

Aug 07, 2019 / 08:00AM GMT
Release Date Price: €65.92 (-0.89%)
Jeremy Peter Jackson
Flutter Entertainment PLC - CEO & Director

Good morning, ladies and gentlemen. Thank you very much for joining us for our 2019 interim results presentation. With me this morning is Jonathan Hill, and we're delighted to be also joined by Barni Evans, the CEO of our Australian business, Sportsbet. I am going to begin with an update to our strategy. Jonathan will then run you through our financial results in H1 and our guidance with respect to the full year. We'll then provide an operational update on our 3 divisions. In March at the prelims, Dan Taylor detailed our plans for our PPB, which is what we call Dan's online and retail businesses. And we followed this up with our Investor Day in the U.S., focusing the FanDuel Group. So to complete the picture and to make sure that you didn't feel left out, we thought it would be a good opportunity today for Barni to provide an update on what we're seeing in Australia, particularly following the introductions of the Point of Consumption tax there, and he's promised not to talk about the cricket.

2019 is a challenging year from the

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