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

Q3 2020 Flutter Entertainment PLC Trading Statement Call Transcript

Nov 11, 2020 / 09:00AM GMT
Release Date Price: €146.4 (-1.61%)
Operator

Good morning, everyone, and welcome to the Flutter Entertainment Q3 Results Call, hosted by Peter Jackson, CEO; and Jonathan Hill, CFO. (Operator Instructions) But for now, I will hand over to Peter Jackson. Please go ahead.

Jeremy Peter Jackson
Flutter Entertainment plc - CEO & Director

Thank you. Good morning, everyone, and thank you all for joining us this morning. With me today is Jonathan Hill, our CFO. I'm sure you've all had a chance to read the Q3 trading update that we released this morning. And therefore, I won't go through it in detail here. I'll just highlight a few key points.

Our business is continuing to perform very well. Our revenue growth in the third quarter accelerated from the 22% we reported in H1 to 30% in Q3. This strong performance has been across both sports and gaming, with sports up 33% and gaming up 26%. This acceleration has been driven by excellent customer engagement across all key regions.

Globally, we grew daily [actives] actives by 41% year-on-year in quarter 3. That reflects both strong customer

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