(Alliance News) - Sportech PLC on Thursday reported losses have widened on an increase in exceptional costs during the first half of a "transitional year
" for the betting technology company.
Jefferies pointed out this is a "transitional year
", with British regulatory pain to be expected after the introduction of a cap on fixedodds betting terminals.
Michael Zapata, Executive Chairman and President, commented, "Fiscal 2019 was as a transitional year
Gene Munster of Loup Ventures said six months ago on CNBC that 2019 is would be a transitional year
and said he's unsurprised by the ups and downs.
Lobban, who is ranked 30th in the world, added: "It has been more of a transitional year
Boss Wilf Walsh said: "This has been a transitional year
for Carpetright and we remain on track both with our recovery plan and our strategic initiatives.
He said: "This is a transitional year
as we work through our restructuring plan.
Chief executive Wilf Walsh said: "This is a transitional year
for Carpetright as we work through our restructuring plan.
"It was a transitional year
, which is why I wanted to do well because it sets me up for the World Championships in 2019, and the Olympic Games in 2020.
EBITDA is expected to remain unchanged in the transitional year
"This will be a transitional year
for the group as we work through our recovery plan."