888 share price dips, as UK revenue grows but profit declines

The share value of 888 has fallen after its H1 report, which showed group revenue rose 2% year-on-year, to $277.3m, but profit before tax fell 63%, to $22.2m. The operator’s share price dipped considerably when its financial results were first published, from £1.67 ($2.06) to £1.53, although it later recovered marginally to around £1.57. Like-for-like revenue was up 7% for 888, with B2C revenue growing 6% to $262.5m and ...