Update: A strong start
GVC’s 2015 final results showed revenue and adjusted EBITDA both up 10% to €248m and €54m respectively, marking its fifth successive year of revenue, adjusted EBITDA and dividend growth. The accompanying trading update reported group-wide revenues up 13% (ytd to 20 April on a constant currency basis), while also revealing that GVC has wasted no time in beginning the challenge of reinvigorating the bwin.party business. Cost synergies are on track and the bwin.party brands are already growing across all verticals (+11%), including poker, which showed its first year-on-year quarterly growth in five years.
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