0949 GMT - Evoke PLC's update shows that its strategy is paying off, Peel Hunt analysts Ivor Jones and Douglas Jack write in a research note. The betting and gaming group is still a work in progress, but the company is on track to restore credibility progressively, they say. The London-listed owner of the William Hill, 888 and Mr Green brands can fix its remaining challenges, and manage its debt level through debt-for-equity swap, they add. "The group has time to resolve its remaining technology and product challenges and demonstrate that it can get into solid, net cash-generative growth," they say. Shares are down 1% at 47.45 pence. ( najat.kantouar@wsj.com)
(END) Dow Jones Newswires
April 25, 2025 05:50 ET (09:50 GMT)
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