The company expects an improving margin and a good growth in the second hald of 2005.
The gross win at its betting shops dropped 1 per cent, while the telephone betting contribution to group gross win fell 8% over the first four months of the year. By contrast, the online division reported a 23% increase in gross win.
Commenting on William Hill's purchase of Stanley Leisure's betting shops, Ladbrokes Chief Executive David Michels said: "I don't think there's a single customer who will notice that William Hill has more outlets. I still believe we are, and will remain, number one by profit. We are certainly still number one by profit per shop."