BingoT
Nurses love to give shots
- Joined
- Dec 16, 2004
- Location
- Palm Bay Florida
Ladbrokes shares fall after online profits warning
The betting company Ladbrokes has warned that profit will fall short of expectations because of a disappointing performance in its online business.
Profits for its online arm will be in the range of £10-14m this year, far short of the £27.5m which had been expected, the company said in a statement.
Shares fell 10% on the news in early trading in London.
Ladbrokes has already issued one profits warning this year.
Chief executive Richard Glynn said that conditions had been "challenging"
BBC News
The betting company Ladbrokes has warned that profit will fall short of expectations because of a disappointing performance in its online business.
Profits for its online arm will be in the range of £10-14m this year, far short of the £27.5m which had been expected, the company said in a statement.
Shares fell 10% on the news in early trading in London.
Ladbrokes has already issued one profits warning this year.
Chief executive Richard Glynn said that conditions had been "challenging"
You do not have permission to view link
Log in or register now.
BBC News