evoke has recorded a 5% increase in group revenue, totalling £435m in the three months to 30 September.
The gambling and betting firm, which owns brands including William Hill, 888 and Mr Green, said this was the fifth consecutive quarter of year-over-year revenue growth, which was supported by a return to growth in retail.
Its UK & Ireland online segment saw revenue growth increase by 1%, with an 8% jump in sports growth being helped by weaker prior year win margins.
However, this figure was offset by a 2% drop in its gaming division, with 888’s performance continuing to be a "drag on growth".
In evoke’s international division, revenue increased by 8%, driven by double-digit growth in its core markets of Italy, Denmark and Romania. This was offset by a slowdown in Spain and a decline in non-core international markets.
In its outlook, evoke said was executing its strategy and actively managing the business to improve profitability. As a result, the firm has reiterated its full year EBITDA margin of at least 20%, which gives its confidence in delivering an adjusted EBITDA ahead of current market expectations of £362m.
Chief executive officer at evoke, Per Widerström, said: "We have clear plans in place to support an improvement in revenue during Q4 through continued acceleration in product enhancements, including retail sports and our recently launched new William Hill Vegas app. We are also making ongoing improvements to our customer lifecycle management capabilities.
"Alongside this, the improvements we have made to the operating model and efficiencies in our cost base mean we remain confident of achieving our implied adjusted EBITDA guidance, which would outperform market expectations.
"We continue to execute our turnaround with vigour and are making good progress against our plans to position evoke for long-term success and significant value creation."






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