Gamesys Group PLC Pre-close Trading Update for FY19 (6529Z)
14 Gennaio 2020 - 8:00AM
UK Regulatory
TIDMGYS
RNS Number : 6529Z
Gamesys Group PLC
14 January 2020
Gamesys Group plc
Pre-close Trading Update for FY19
LONDON (UK), 14 January 2020 - Gamesys Group plc (LSE: GYS) (the
'Group', 'Gamesys') announces today an update on trading as it
enters the close period in respect of its Full Year results for the
year ending 31 December 2019.
Following a strong performance in Q4, the Board is confident
that the Group will report FY 2019 pro-forma[1] Revenue and
Adjusted EBITDA at the upper end of current market expectations for
the period. 2019 was a landmark year for the Group and
notwithstanding the resources required to complete a major
acquisition, the operational focus has not wavered. Strong growth
in overseas markets and good progress made by our UK brands in H2
2019 are the standout features of another successful year.
Lee Fenton, Chief Executive Officer, Gamesys Group plc,
commented:
"2019 was a truly transformative year as the JPJ and Gamesys
businesses were reunited, creating a combined Group with strong
global brands, complete operational control and ownership of our
technology platforms. Despite the intensive endeavours this
required, the Group's focus on operational execution has not
diminished and we are extremely pleased with the performance during
the year. As we enter 2020, we remain in a strong position to
continue to deliver growth and to create value for
shareholders."
About Gamesys Group plc
Gamesys Group plc is the parent company of an online gaming
group that provides entertainment to a global consumer base.
Through its subsidiaries, Gamesys Group plc currently offers bingo
and casino games to its customers using brands which include
Jackpotjoy (www.jackpotjoy.com), Virgin Games
(www.virgingames.com), Botemania (www.botemania.es), Vera&John
(www.verajohn.com), Heart Bingo (www.heartbingo.co.uk) and Monopoly
Casino (www.monopolycasino.com). For more information about Gamesys
Group plc, please visit www.gamesysgroup.com.
Enquiries
Gamesys Group plc
Jason Holden, Director of Investor Relations
+44 (0) 207 478 8150
jason.holden@gamesysgroup.com
Finsbury
James Leviton
Andy Parnis
+44 (0) 207 251 3801
gamesysgroup-LON@finsbury.com
[1] Pro-forma refers to financial results as though the acquired
Gamesys brands have been a part of the Group for the entire current
year and comparative periods.
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END
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