UK-listed online gambling operator GVC Holdings says it outdid its own performance expectations in 2016 and 2017 looks set to extend that hot streak.

On Thursday, GVC issued a Q4 trading update that showed net gaming revenue rising 7% to €231.3m, its highest quarterly total of 2016, despite Q2 having enjoyed a boost via the Euro 2016 football tournament.

Q4 daily sports betting handle gained 3% year-on-year to €12.8m, while sports revenue was up 5% to €904k as margins rose a full point to 9.6%. The company credited the “international diversity of our business” with helping to offset December’s “particularly punter friendly sports results in the UK” that have bedeviled GVC’s UK rivals.

GVC also got a boost from its gaming/other division, which reported Q4 daily revenue rising 9% to €1.6m (up 11% in constant currency terms). Here again, GVC credited its “proven portfolio” of brands for goosing the numbers.