14th Jan 2019 09:14
LONDON (Alliance News) - JPJ Group PLC on Monday said it expects to report annual revenue and earnings at the upper end of the current market expectations for 2018.
The online gaming firm said it has seen some consistent trends across the group in 2018, with unit Vera&John recording a "standout" performance of strong organic growth. Meanwhile, the JPJ division's performance reflected consequences of the introduction of enhanced responsible gambling measures in the UK.
Executive Chair Neil Goulden said: "We are pleased with the performance of the group during 2018, as we continue to take advantage of the growth opportunities present in international markets, notwithstanding what has been a challenging regulatory backdrop in the UK. We enter 2019 in a strong position to deliver further growth and to create value for shareholders."
JPJ shares were trading up 5.6% at 663.00 pence each.
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