Full Year 2021 Entain PLC Earnings Call Transcript

Mar 03, 2022 / 09:00AM GMT
Operator

Good day, and welcome to the Entain Full Year Results 2021 Conference Call. At this time, I'd like to turn the conference over to Jette Nygaard-Andersen. Please go ahead.

Jette Nygaard-Andersen - Entain Plc - CEO & Executive Director

Good morning, everyone, and thank you for joining our full year 2021 results presentation. I'll start with a short summary. Rob will take you through the numbers and guidance, and I'll then give you an update on how we are delivering against our growth and sustainability strategy before going to Q&A.

Entain is a growth business. We have been delivering consecutive double-digit online growth for the last 9 years. In 2021, our online NGR grew by 13%, and that has driven a 2-year compound annual growth rate of 20%, both in constant currency. This growth is profitable. Our EBITDA of approximately GBP 882 million was towards the top end of our recent guidance, up 5% year-on-year. In the U.S., we are delivering on our strategy of creating a leading betting and gaming operator with 2021 revenues up 5x and

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