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Pre-close Trading Update for FY18

14th Jan 2019 07:00

RNS Number : 9414M
JPJ Group PLC
14 January 2019
 

 

Pre-close Trading Update for FY18 

LONDON (UK), 14 January 2019 - JPJ Group plc (LSE: JPJ) (the "Company") announces today an update on trading as it enters the close period in respect of its Full Year results for the year ending 31 December 2018.

Overall, the Board is confident that the Group will report FY 2018 Revenue and Adjusted EBITDA at the upper end of current market expectations for the period. 2018 has seen some consistent trends across the Group with the standout being strong organic growth at Vera&John across a number of international markets. Meanwhile, the JPJ segment has reflected the consequences of the introduction of enhanced responsible gambling measures in the UK.

Neil Goulden, Executive Chairman, commented:

"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."

 

About JPJ Group plc

JPJ Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base through its subsidiaries. JPJ Group plc currently offers bingo and casino games to its customers through its subsidiaries using the InterCasino (www.intercasino.com), Vera&John (www.verajohn.com), Jackpotjoy (www.jackpotjoy.com), Starspins (www.starspins.com) and Botemania (www.botemania.es) brands. For more information about JPJ Group plc, please visit www.jpjgroup.com.

Enquiries

JPJ Group plc

Jason Holden, Director of Investor Relations

+44 (0) 203 907 4032

[email protected]

 

Amanda Brewer, Vice President of Corporate Communications

+1 416 720 8150

[email protected] 

 

Finsbury

James Leviton

Andy Parnis

+44 (0) 207 251 3801

[email protected]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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