Ladbrokes says to start share buy back

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  • bigboydan
    SBR Aristocracy
    • 08-10-05
    • 55420

    #1
    Ladbrokes says to start share buy back
    I just wish I could play at a well known financially stable book like Ladbrokes is all.


    Ladbrokes says to start share buy back


    LONDON (Reuters) - Bookmaker Ladbrokes (LAD.L: Quote, Profile, Research) said it would start a share buy back programme on Thursday as it posted first half pre-tax profit of 156 million pounds with strong revenues from telephone betting and in-shop gambling machines.

    Ladbrokes, which has over 2,500 betting shops, said pre-tax profit for the for six months to end June was down 2.6 million pounds from 158.6 million a year ago when the World Cup drew in gamblers.

    Gross win increased by 19.3 percent to 624 million pounds.
  • rolemand
    SBR MVP
    • 03-24-06
    • 1033

    #2
    their juice is outrageous.
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