Flutter forecasts profits to double by 2027, unveils $5 billion share buyback

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DUBLIN :Flutter, the world's largest online betting company, said on Wednesday it expects to more than double its core profit by 2027 and that it had authorised a share buyback of up to $5 billion to be deployed over that period.

Flutter, which has forecast full-year profit of around $2.

Flutter's London-based shares were 5.2 per cent higher at 1230 GMT.

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Category: EconomyBusiness

Markets: SingaporeAustraliaBrazilItaly

Topics: York Forecast 2027 Billion Core Profit Betting Market Expects Year Flutter

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 20:09:01 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22707560

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Official Website: channelnewsasia.com

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