JPJ Group expects to report revenue and adjusted EBITDA for the 2018 financial year at the upper end of market expectations, the company announced today in a trading update.
“2018 has seen some consistent trends across the group with the standout being strong organic growth at Vera&John across a number of international markets,” the firm satted. “Meanwhile, the JPJ segment has reflected the consequences of the introduction of enhanced responsible gambling measures in the UK.”
Executive chairman Neil Goulden said: "We are pleased with the performance of the group during 2018, as we continue to take advantage of the growth opportunities present in international markets, notwithstanding what has been a challenging regulatory backdrop in the UK.
“We enter 2019 in a strong position to deliver further growth and to create value for shareholders."
