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GVC Holdings PLC (AIM:GVC) - online gambling pays… dividends!

23/03/2015 · GVC Holdings (GVC) 

The leading online sports betting and gaming group, has announced tremendous results for the year ending 31st December 2014 together with news of yet another special dividend – this one is all about cash and the dividend growth, but shouldn't they all!.

GVC Holdings PLC is a leading online sports betting and gaming group. It operates a number of brands across over 20 countries and has over 700 employees. 

Net Gaming Revenue (‘NGR’) was up 32% to €225m, clean EBITDA up 28% to €49.2m and profit before tax up 217% to €41.3m. This supports a quarterly dividend raised from 12.5 €cents to 14.0 €cents per share and a further 1.5 €cents per share special dividend, giving…

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