Flutter generated adjusted free cash flow equivalent to 25% of revenues in the first-half
Thursday 03 Sep 2020 Author: Martin Gamble
Flutter Entertainment ( FLTR ) £124.2 Gain to date: 14.2% Original entry point: BUY at £108.75, 2 July 2020 Betfair and Paddy Power owner Flutter ( FLTR ) revealed half-year results on 27 August, the first time investors got a glimpse of what the business looks like after the tie-up with Canadian sports betting group Stars Group. Pro-forma revenue was up 21% to £2.4 billion and adjusted operating profits...