Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Playtech    PTEC   IM00B7S9G985

PLAYTECH

(PTEC)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 10/01 11:30:00 am
343.6 GBX   -5.27%
09/24PLAYTECH : launches Casino software with BetMGM in US
PU
09/21PLAYTECH : launches new collaboration with Responsible Gambling Council
PU
09/17PLAYTECH : 2020 Half year results presentation
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

Playtech : first-half profit drops as COVID-19 hits sales, sports events

share with twitter share with LinkedIn share with facebook
09/17/2020 | 03:08am EDT

Gambling software maker Playtech said on Thursday it expects online business to remain strong even as it posted lower first-half profit, hit by store closures and sports events cancellations due to coronavirus-led curbs.

The world's biggest supplier of technology for online gaming operators said first-half adjusted core earnings fell 15% to 162.3 million euros (147.70 million pounds) for the six months ended June 30.

The company, however, said it remains cautious about the outlook for its retail business.

Playtech said it saw strong cash generation in July and August and has continued to expand into important markets such as the United States and Latin America.

The company also said it does not expect strong second-half performance at its financial trading arm TradeTech as it did in the first half as market volatility is currently significantly lower.

Shares of the company were down 7.8% at 361 pence in early trade.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Ramakrishnan M.)

share with twitter share with LinkedIn share with facebook
All news about PLAYTECH
09/24PLAYTECH : launches Casino software with BetMGM in US
PU
09/21PLAYTECH : launches new collaboration with Responsible Gambling Council
PU
09/17PLAYTECH : 2020 Half year results presentation
PU
09/17PLAYTECH : 2020 Half year results report
PU
09/17PLAYTECH : first-half profit drops as COVID-19 hits sales, sports events
RE
09/14PLAYTECH : half-yearly earnings release
09/09PLAYTECH : relaunches Live Football Roulette in new Let's Play studio
PU
08/21PLAYTECH : Buzz Bingo and Playtech partner to launch slot Tournaments
PU
08/20PLAYTECH : launches dedicated Live Roulette for Betfair in Spain
PU
08/13PLAYTECH : launches Age of the Gods Bonus Live Roulette network-wide
PU
More news
Financials
Sales 2020 1 274 M 1 495 M 1 495 M
Net income 2020 36,3 M 42,6 M 42,6 M
Net Debt 2020 719 M 843 M 843 M
P/E ratio 2020 33,5x
Yield 2020 -
Capitalization 1 148 M 1 349 M 1 348 M
EV / Sales 2020 1,47x
EV / Sales 2021 1,15x
Nbr of Employees 6 400
Free-Float 96,3%
Chart PLAYTECH
Duration : Period :
Playtech Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PLAYTECH
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 4,01 €
Last Close Price 3,99 €
Spread / Highest target 22,9%
Spread / Average Target 0,43%
Spread / Lowest Target -19,3%
EPS Revisions
Managers
NameTitle
Moran Weizer Chief Executive Officer & Executive Director
Shimon Akad Chief Operating Officer
Andrew James Smith Chief Financial Officer & Executive Director
John E. Jackson Senior Independent Non-Executive Director
Claire Milne Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PLAYTECH-8.64%1 349
MICROSOFT CORPORATION31.43%1 591 704
ZOOM VIDEO COMMUNICATIONS, INC.590.93%133 709
SEA LIMITED282.99%75 131
DASSAULT SYSTÈMES SE9.01%48 893
ATLASSIAN CORPORATION PLC51.06%45 077