Ladbrokes Coral update goes down well in City

Ladbrokes Coral chief executive Jim Mullen

Ladbrokes Coral shares rose last week as the bookmaker issued a trading update which went down well in the City.

A weak performance from the company's retail sector was one of the features of the update, but it was offset by a better performance from digital betting while synergies from the merger of the two brands have increased to £150 million from £100m.

Chief executive Jim Mullen said: "I'm comfortable and happy with a strong overall performance.

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Bill BarberIndustry editor

Published on 29 July 2017inFeatures

Last updated 09:17, 29 July 2017

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