SHARE

Ladbrokes Coral expects 2016 profits to increase in line with market consensus

The betting company expects a pro-forma group operating profit in the range of £275m and £285m for the year, up from £235m in 2015. The group saw continued growth in its digital business in the fourth quarter, with net revenues up 18%.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.