WEBIS HOLDINGS PLC PRELIMINARY RESULTS

WEBIS HOLDINGS PLC PRELIMINARY RESULTS

Webis Holdings plc, the global on-line gaming group, today announces its preliminary results for the period.
 
Summary:

  • Loss for the period of £110,000 (2010: loss of £337,000)
  • EBITDA profit of £149,000 (2010: loss of £37,000)
  • Group gross profit increased by 17% to £3.04 million (2010: £2.6 million
  • Group turnover of £105.6 million (2010: £114.2 million)

Commenting on the results, Denham Eke, Chairman of Webis Holdings plc, said: "Although conditions in the market remain challenging, the Board believes that, after a much improved performance from betinternet, this business has the opportunity to further grow its market presence during the forthcoming year. There are now also signs that EWS is again beginning to trade in line with the Board's previous expectations".

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