Hyperion Blog
28
Aug
2009
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PartyGaming PLC (PRTY.LN) Friday reported a less-than-expected 6.5% fall in first-half earnings, hurt by the stronger dollar against the pound and fierce poker competition online, and said second-half trading so far has been in line with management's expectations.
Chief Executive Jim Ryan said trading in the three weeks ended Aug. 18, which represents the peak holiday season in most of the group's core markets, has been "strong," inline with management's expectations.
Ryan said the company's three-year strategy is on track and that it remains "confident about the group's prospects”.
Source – Press release, Dow Jones.
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