City News: William Hill, American Apparel, and Carr's Group
However, while gaming machine revenues rose 6 per cent over the period, retail revenues were flat and over-the-counter revenues dropped 6 per cent. The firm said it had earmarked £30million of savings for next year, which it plans to put back into its online business.
It added that it now expects full-year operating profit to come in at the higher end of its £260million to £280million range.
Philip Bowcock, interim chief executive, said: “With our significantly improved products and user experience, we are confident that this is the right time to invest further in our online business.” ... read more
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