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Taylor Wimpey - Housing market remains positive for now

Nicholas Hyett | 14 November 2016 | A A A

You’re about to read press releases, which we’ve written for media use only. They’re not intended for individual investors. They’re not personal advice and don’t include any recommendations.

No recommendation

You’re about to read press releases, which we’ve written for media use only. They’re not intended for individual investors. They’re not personal advice and don’t include any recommendations.

Media contact:

Danny Cox

Head of Communications

Direct Line: 0117 317 1638

Mobile: 07989672071

William Hill saw group net revenue increase 6% in the third quarter. This was led by a return to growth in Online following significant investments in the mobile sportsbook offer. Net revenue in retail remained unchanged.

Nicholas Hyett, Equity Analyst at Hargreaves Lansdown:

"Having considered mergers with what feels like every other gaming company around, William Hill finally seem to be knuckling down to the job of turning the core business around. The online business is back in growth, efficiency savings have been identified and the self-service terminal roll-out is complete.

The group has also announced a revamped board this morning. Former Coral and Betfair execs bringing industry knowhow, and Tesco’s Mark Brooker an increased focus on customers.

It’s good to see William Hill betting on the core business again rather than rolling the dice on big strategic moves that have so far failed to pay out."

NOTES TO EDITORS

Globelynx and ISDN ready

Hargreaves Lansdown is equipped with a live in-house broadcast camera via the Globelynx network and has an ISDN line available for radio interviews - 0117 934 9006. To arrange an interview with a Hargreaves Lansdown spokesperson please contact the person you wish to speak to directly using the contact details above, or call Globelynx on 0207 963 7060 or email globelynx@globelynx.com.


You’re about to read press releases, which we’ve written for media use only. They’re not intended for individual investors. They’re not personal advice and don’t include any recommendations.