June 16, 2020 / 3:43 PM / 21 days ago

BRIEF-William Hill Says Total Net Revenue Growth YOY For 23 Weeks To 9 June Down 32%

June 16 (Reuters) - William Hill PLC:

* WILLIAM HILL - EXPECT TRADING BACKDROP TO REMAIN UNCERTAIN

* WILLIAM HILL - EXPECT MATERIAL REFUND OF VAT WHICH HAD BEEN INCORRECTLY APPLIED TO CERTAIN GAMING MACHINES TO BE RECEIVED IN SECOND HALF OF 2020

* WILLIAM HILL - WE HAVE REPAID OUTSTANDING £203M ON 2020 BOND

* WILLIAM HILL - HAVE UNRESTRICTED LIQUIDITY IN EXCESS OF £500M AND A LINE OF SIGHT TO GENERATING POSITIVE CASH FLOW FROM OUR OPERATIONS IN SECOND HALF

* WILLIAM HILL - DURING SIX WEEKS TO 9 JUNE 2020, GROUP TOTAL NET REVENUE HAS IMPROVED

* WILLIAM HILL - TOTAL NET REVENUE GROWTH YOY FOR 23 WEEKS TO 9 JUNE DOWN 32% Source text for Eikon: Further company coverage:

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