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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > Paddy Power Betfair: Q3
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Post by JimToronto on Nov 04, 2016 7:51am

Paddy Power Betfair: Q3

Paddy Power, a client of both OpenBet and NYX, announced Q3 results today. Paddy Power was bidding for OpenBet in Jan. 2016.
   
Q3 highlights
 
·   Revenue up 25% to £404m (up 15% in constant currency, "cc")
 
·   Growth driven by sports, including a strong conclusion to the Euro 2016 tournament, with sportsbook stakes up 26% (cc +14%)
 
·   Underlying EBITDA up 53% to £113m and underlying operating profit up 68% to £95m
 
·   Underlying EBITDA margin increased from 23% to 28%
Comment by JTDOUBLE on Nov 04, 2016 5:52pm
This just bold well to what nyx expected revenues..Clients phenomenal growth =  Nyx awesome growth...hold on to your horses..I think Nyx have reach its Inflictions point this quarter..glta
Comment by ANONYM0US on Nov 04, 2016 10:43pm
Excuse me. What did you say/mean??
Comment by JTDOUBLE on Nov 04, 2016 11:39pm
yuup 104 ignore list anonymous..let makes it 105..yup!! done..
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