Company Profile For Ladbrokes Plc

Ladbrokes plc is a betting and gaming company. The Company operates in five segments. The United Kingdom Retail segment comprises betting activities in the shop estate in Great Britain. The Other European Retail segment comprises all activities connected with the Ireland, Belgium and Italy shop estates. The eGaming segment comprises betting and gaming activities from online operations. The Telephone Betting segment comprises activities relating to bets taken on the telephone. The Other segment comprises international development operations and the start up of its Spanish joint venture. As of December 31, 2008, Ladbrokes plc had approximately 8,800 betting shops in Great Britain. On 4 February 2008, the Company acquired 100% of Agenzie Scommesse SRL, a betting company in Italy. Ladbrokes.com is a primary betting and gaming Websites with over 725,000 active customers betting in 13 languages and 18 currencies.

BRIEF: For the fiscal year ended 31 December 2008, Ladbrokes PLC's revenues decreased 5% to £1.17B. Net income from continuing operations decreased 28% to £211.4M. Revenues reflect a significant decrease in income from Telephone Betting business divisions. Net income also reflects increased cost of sales, decreased income from share of results from joint venture & associate, an increase in depreciation expenses and higher finance costs.