5th Feb 2026 10:09
(Alliance News) - Playtech PLC on Thursday said it expects adjusted earnings to be "significantly" ahead of consensus after strong trading in the second half of 2025.
The Douglas, Isle of Man-based gambling software company said trading was driven by performance in the US and Mexico in the fourth quarter.
As a result, the FTSE 250 listing expects adjusted earnings before interest, tax, depreciation and amortisation in 2025 to be at least EUR195 million, "significantly" above current consensus, which Playtech put at EUR177 million.
This would still be less than half EUR480.4 million adjusted Ebitda Playtech reported in 2024.
Shares in Playtech rose 3.0% to 289.00 pence each in London on Thursday.
Looking ahead to 2026, Playtech said it "remains mindful" of ongoing sector headwinds including the scheduled increase to gambling taxes in certain markets including the UK.
However, the fourth quarter revenue trends seen in the Americas mean it "enters 2026 with good momentum," the firm added.
"Given the strong performance and prospects in regulated markets, notably the Americas, Playtech remains confident in its outlook for 2026 and its medium-term targets of EUR250-300 million of adjusted EBITDA and EUR70-100 million of free cash flow," the company said.
Chief Executive Mor Weizer said he was "particularly pleased with our recent progress in the US", where the the firm has been "steadily investing" for a number of years.
By Jeremy Cutler, Alliance News reporter
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