Playtech set to announce significant growth for 2014 performance

Ahead of its 2014 financial performance statement, Playtech governance released a post-closing statement stating it expected to announce ‘significant’ growth for the company’s activities in 2014.

Playtech confirmed that it had continued to perform strongly during the final quarter of 2014 (period ending 31 December).

The igaming technology supplier’s governance expects both total revenue and corporate EBITDA to be in-line with its market consensus.

Playtech noted that these increases will represent a “significant double digit growth” in comparison to 2013.

Throughout 2014, Playtech reported strong company performance. In its 2014 Q3 interim results. Playtech reported total company revenues of €116.5 million (£93 million) during the period, representing a 28.6% increase Q3 2013 – €90.6 million total revenues.The software supplier was able to report growth and improved revenues throughout all of its product verticals.

Playtech Plc will announce its full 2014 financial report on the 26 February