Flutter Entertainment (DI) (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

14,810.00p
   
  • Change Today:
    -140.00p
  • 52 Week High: 17,475.00
  • 52 Week Low: 12,155.00
  • Currency: UK Pounds
  • Shares Issued: 177.60m
  • Volume: 364,742
  • Market Cap: £26,303m
  • RiskGrade: 135

Paddy Power buys 51% of Georgia's Adjarabet for £101m

By Frank Prenesti

Date: Friday 01 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Paddy Power Betfair said it had bought an initial 51% controlling stake in Georgian betting outfit Adjarabet for £101m, adding that it expected to snap up the rest of the company within three years.
Adjarabet is licensed to offer a full suite of online betting and gaming products in Georgia including casino, sports, poker and peer-to-peer games. It has an estimated 40% share of total online revenues.

Paddy Power said a mechanism of call and put options had been agreed for , the remaining 49% after three years at a valuation equivalent to seven times 2021 earnings before interest, tax, depreciation and amortisation.

"This acquisition provides the group with exposure to two attractive, fast-growing, regulated markets," Paddy Power said in a statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FLTR Market Data

Currency UK Pounds
Share Price 14,810.00p
Change Today -140.00p
% Change -0.94 %
52 Week High 17,475.00
52 Week Low 12,155.00
Volume 364,742
Shares Issued 177.60m
Market Cap £26,303m
RiskGrade 135

FLTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.69% below the market average91.69% below the market average91.69% below the market average91.69% below the market average91.69% below the market average
96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average
Price Trend
84.90% above the market average84.90% above the market average84.90% above the market average84.90% above the market average84.90% above the market average
67.86% above the sector average67.86% above the sector average67.86% above the sector average67.86% above the sector average67.86% above the sector average
Income
63.38% below the market average63.38% below the market average63.38% below the market average63.38% below the market average63.38% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
71.29% above the market average71.29% above the market average71.29% above the market average71.29% above the market average71.29% above the market average
13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average13.21% below the sector average

What The Brokers Say

Strong Buy 10
Buy 12
Neutral 3
Sell 0
Strong Sell 0
Total 25
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FLTR Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 09-Oct-19 21-May-19
Amount 67.00p 133.00p

Trades for 07-Jun-2024

Time Volume / Share Price
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p
17:14 766 @ 14,812.50p

FLTR Key Personnel

CEO Peter Jackson
CFO Rob Coldrake

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