Update: Strong trading continues in Q4
GVC has reported a sixth successive quarter of revenue growth, an impressive achievement given the World Cup boost over the summer months. We have left our profit estimates unchanged, allowing for the ongoing investment in new products and geographies. 2016 should be a good year given the strong sporting calendar. Management remains highly cash focused and the prospective dividend yield of more than 8% is comfortably underpinned and remains a key attraction.
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