Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

International sustainability significantly improved EBITDA £m, constant currency - 2 year bridge 574 FY 2019 (61) FX 512 FY 2019 FX rebased Flutter Improvements to sustainability -£123m (8) Business partner switch offs (65) Merger changes (50) Cost of improved revenue mix¹ (85) Germany and Netherlands 304 FY 2019 rebased Net investment loss² -£12m (133) Investment 121 +£38m (Covid) Growth 292 FY 2021 Improving sustainability; £123m EBITDA impact Guided German and Netherlands cost of £85m (£140m annualised) Investment made in key areas: PokerStars foundational capabilities (£52m) Marketing across all brands to drive growth (£81m) Net underlying investment has Rebased PokerStars Stabilised poker share Driven PokerStars casino expansion Grown markets such as Italy, Canada, UK, Georgia and Armenia ¹ Cost of improved revenue mix includes increase in taxes in Italy, Denmark, Romania, UK and Portugal combined with increased proportion of revenues coming from regulated markets and casino products, with higher associated cost of sales 2 Growth includes Junglee loss of £3m 15
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