Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  William Hill    WMH   GB0031698896

WILLIAM HILL (WMH)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

William Hill names interim chief Philip Bowcock CEO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/10/2017 | 01:20pm CEST

(Reuters) - British bookmaker William Hill Plc (>> William Hill plc) promoted interim Chief Executive Philip Bowcock to its top job on Friday, ending an over seven-month-long search for a permanent CEO.

(Reuters) - British bookmaker William Hill Plc (>> William Hill plc) promoted interim Chief Executive Philip Bowcock to its top job on Friday, ending an over seven-month-long search for a permanent CEO.

The betting chain has not had a permanent chief executive since James Henderson's departure in July after he failed to deliver enough growth in online and international gambling.

William Hill shares were up 1.5 percent at 273.7 pence.

The company said last month it expected to improve its performance this year following a 10 percent decline in 2016 operating profit.

Bowcock joined William Hill in November 2015 as chief financial officer from cinema operator Cineworld Group Plc (>> Cineworld Group plc) with no prior experience in the gambling industry.

"Since his appointment as Interim CEO last July, Philip has driven the business forward at real pace and we have seen important progress across our Online, Retail and international businesses over that time," William Hill Chairman Gareth Davis said in a statement.

The London-based bookmaker has missed out on a consolidation spree in the gambling sector in recent years, even as rivals have expanded through mergers.

It abandoned merger talks with Canada's Amaya Inc (>> Amaya Inc) in October after opposition from a leading investor.

A month before that, casino and bingo hall operator Rank Group Plc (>> Rank Group PLC) and online betting firm 888 (>> 888 Holdings Public Limited Company) ended efforts to buy William Hill after it rejected a revised offer.

Meanwhile, Ladbrokes (>> Ladbrokes PLC) merged with Gala Coral in November. Paddy Power (>> Paddy Power Betfair PLC) and Betfair joined forces in 2015.

As chief executive, Bowcock will receive a 9 percent increase in his annual salary to 600,000 pounds ($729,480), William Hill said.

($1 = 0.8225 pounds)

(Reporting by Tenzin Pema and Arathy S Nair in Bengaluru; Editing by Sunil Nair and Sai Sachin Ravikumar)

Stocks mentioned in the article
ChangeLast1st jan.
888 HOLDINGS PUBLIC LIMITED COMPANY 0.72% 279 Delayed Quote.-0.96%
CINEWORLD GROUP PLC 0.62% 258.6 Delayed Quote.-2.70%
PADDY POWER BETFAIR PLC -1.95% 83.15 End-of-day quote.-16.39%
RANK GROUP PLC -1.03% 173 Delayed Quote.-28.36%
STARS GROUP INC -0.54% 22.11 End-of-day quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WILLIAM HILL
04/20WILLIAM HILL : Daniel Craig To Quit As Bond?
PU
04/17WILLIAM HILL : Pogba Odds On To Stay At United…10/1 To Move To City
PU
04/16WILLIAM HILL : Royal Baby To Arrive This Week? Betting Suggests Girl Is On The W..
PU
04/13WILLIAM HILL : Odds Slashed On Jeremy Hunt Losing His Job This Month
PU
04/13WILLIAM HILL : Liverpool’s Champions League Odds Cut After Roma Draw
PU
04/12WILLIAM HILL : Fury 2/1 To Win A World Title Before The End Of Next Year
PU
04/12WILLIAM HILL : Boys Names Finally Being Backed For Royal Baby…Odds On Jac..
PU
04/11WILLIAM HILL : Threshold crossings
CO
04/05Rank sees profit decline as consumer spending squeezed
RE
04/04ONLINE GAMBLING AND BETTING MARKET P : New Research: Online Gambling and Betting..
AQ
More news
News from SeekingAlpha
04/22PokerStars owner buys Sky Betting for $4.7B 
04/20MLB and NBA want a cut of sports betting 
04/04Time to bet on sports betting? 
03/2939 'Safer' Dividend Consumer Cyclical Stocks Topped By Entravision For March 
03/06The Stars Group makes Australian sportsbook bet 
Financials ( GBP)
Sales 2018 1 745 M
EBIT 2018 290 M
Net income 2018 222 M
Debt 2018 322 M
Yield 2018 4,03%
P/E ratio 2018 12,43
P/E ratio 2019 13,16
EV / Sales 2018 1,84x
EV / Sales 2019 1,75x
Capitalization 2 883 M
Chart WILLIAM HILL
Duration : Period :
William Hill Technical Analysis Chart | WMH | GB0031698896 | 4-Traders
Technical analysis trends WILLIAM HILL
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 3,38  GBP
Spread / Average Target 0,90%
EPS Revisions
Managers
NameTitle
Philip Bowcock Chief Executive Officer & Director
Roger William Devlin Chairman
Ruth Catherine Prior Chief Financial Officer & Director
Paul Durkan Chief Information Officer
David Soutar Lowden Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
WILLIAM HILL4.07%4 036
SANDS CHINA LTD.10.97%45 292
GALAXY ENTERTAINMENT GROUP LIMITED13.67%38 233
WYNN MACAU LTD23.75%19 677
MELCO RESORTS & ENTERTAINMENT LTD(ADR)8.16%15 479
ARISTOCRAT LEISURE LIMITED7.72%12 505