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CIRSA Cirsa Enterprises SAU News Story

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Consumer CyclicalsSpeculativeMid CapNeutral

Cirsa rises after its online betting business grows 64% yoy

** Shares in Spanish gambling company Cirsa CIRSA.MC rise 2.6% after the firm said its online betting business grew 64% year-on-year in terms of revenues

** Cirsa reiterated its full-year guidance and said it expects its core profit to grow by 6% to 7% compared to last year's

        ** The stock is currently trading at 15.85 euros, 5.7% above its July IPO price

** Its second-quarter net profit, however, fell 11% to 9.7 million euros  ($11.41 million) compared to the same period last year

** Seven out of seven analysts that cover Cirsa rate the stock "strong buy" or "buy", according to LSEG data

($1 = 0.8503 euros)

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))

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