26th Jan 2023 11:08
Playtech PLC - Isle of Man-based gambling software development company - Says it has continued to perform strongly since interim results were released in September. Now expects adjusted earnings before interest, tax, depreciation and amortisation for 2022 of at least EUR400 million, up 26% versus EUR317.1 million in 2021.
Playtech says growth is driven by its Snaitech business in Italy, in which it holds a 71% stake, as well as its business-to-business division. Snaitech is a Milan-based betting platform bought by Playtech in 2018.
Playtech will release its results for 2022 on March 23.
Current stock price: 570.50 pence, up 2.3% in London on Thursday morning
12 month change: down 4.5%
By Holly Beveridge; Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.