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Flutter Entertainment PLC on Friday announced its intention to delist from the London Stock Exchange, after a review announced alongside its first-quarter results. Flutter, which will maintain its New York Stock Exchange listing, said the London delisting will take effect from 0800 BST on August 3. The sports betting company, which is also headquartered in New York, said as part of its financial results for the first quarter that it was reviewing its London listing. Flutter said it ‘carefully considered, among other things’, its shares’ level of trading activity on the LSE, alongside the listing’s additional cost, and regulatory and administrative obligations. As a result, it concluded that proceeding with the delisting was in its and its shareholders’ best interests. Reporting the first-quarter results in early May, Flutter said its net income plunged 18% year-on-year to $209 million, although revenue rose 17% to $4.30 billion. For 2026, it lowered its midpoint revenue and adjusted earnings before interest, taxes, depreciation and amortisation guidance to $18.31 billion and $2.87 billion, respectively, from $18.40 billion and $2.97 billion. The company cited unfavourable first-quarter sports results, expenses associated with its early launch in Arkansas, and a change in reporting for PokerStars North America. It had not included the Arkansas launch in its prior outlook, and therefore expects this to add $35 million to its full-year investment costs. Shares in Flutter were down 0.2% at 8,328.00 pence on Friday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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