Group net revenue: +3.2%, H2 +5.0% with favourable Q4 sporting results.
UK Retail net revenue up 2.0% with Q4 seeing strong growth at +6.5%. H2 OTC staking growth.
Digital net revenue growth at 12.9% with Q4 up 31.4% as marketing and product investment delivered strong growth in actives and staking.
Multi-channel delivered over 35,000 actives by year end after full launch at end of August 2015 beating plan.
Australia growth strategy delivering, actives +65% and net revenue +71%(3).
Group operating profit(2) of £80.6m down 35.7% reflecting our increased marketing and product investment in line with the new strategy and a c.£50m increase in gambling taxation.
Exceptional items at £99.0m in line with H1 guidance, primarily retail impairments of £53.2m, merger transaction costs of £17.6m and shop closure costs of £19.8m.
Tax credit: £35.0m corporation tax credit primarily from crystallisation of historic tax losses, benefits EPS.
Full year dividend at 3p per share (1p interim; 2p final) in line with strategy.
Our 2016 expectations unchanged: sustained product and marketing investment, to drive customer metrics.
Ladbrokes Coral merger on track with Shareholder approval secured and the CMA phase 2 process underway.
