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RNS Number : 0091S Best of the Best PLC 11 November 2021
Best of the Best plc
("Best of the Best", "BOTB" or the "Company")
Trading Update
Best of the Best PLC (LSE: BOTB), the provider of online competitions to win
cars and other prizes provides an update on trading for the six months ended
31 October 2021.
The Company reports that financial performance for the period is in line with
the market guidance issued on 13 August 2021. Customer acquisition costs have
stabilised, albeit at the higher levels previously reported. Engagement from
the enlarged player base has also normalised, with average order values and
frequency similar to pre-pandemic levels. Trading for the period has,
therefore, been consistent with management's revised expectations.
The Board remains confident about the prospects for the business, both in the
second half of the financial year and beyond. We remain focused on our growth
strategy and will update shareholders with further details upon release of the
Company's Interim Results in January 2022.
Enquiries:
Best of the Best plc William Hindmarch, Chief Executive T: 020 7371 8866
Rupert Garton, Commercial Director
Buchanan Chris Lane T: 020 7466 5000
Toto Berger
Oakvale Capital Daniel Burns T: 0207 580 3838
(Financial Adviser) Kieran Davey
finnCap Corporate Finance T: 020 7220 0500
(Nominated Adviser and Broker) Carl Holmes
Kate Bannatyne
Teddy Whiley
ECM
Alice Lane
The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014.
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