These were announced this morning which in brief showed a strong performance as sports results turned more favourable and they benefited from the World Cup. Meanwhile their on line and increasing overseas activities also grew strongly helping to offset some shop closures in the UK. On the performance and outlook they said:
"Group net revenue grew 23% in Q3 and 12% in the year-to-date (YTD). Operating profit was up 89% in Q3 and is up 19% YTD, with good operating profit growth across all divisions in the quarter.
Following this strong results-driven quarterly performance, the Group now expects operating profit for 2014 to be towards the top end of current consensus range assuming normalised results in the final quarter."
So further confirmation that the bookie generally wins and with the reassurance on this years numbers they look reasonable value on around 13x with a 3.5% yield, although I note that earnings are forecast to be down slightly next year presumably due to the effects of proposed tax changes in the UK and a more normal year without the World Cup effect. If you are not averse to investing in gambling related stocks then this might be a good way to play it. Probably one to put on your watch list rather than chase it today as it has had a good bounce but you might want to consider on further weakness as they seem to have been building a base recently in the low 300's.