S&P 500 eases slightly from fresh record high after stronger economic growth
Investing.com -- Lottomatica on Thursday reported second-quarter EBITDA of €202 million, up 20% year-over-year and 2% ahead of consensus expectations, while reiterating its full-year 2025 guidance.
The company posted revenues of €543 million for the quarter, representing a 10% increase compared to the same period last year, though slightly below the consensus estimate of €547 million.
The company noted that the second quarter of 2024 included the Euros football tournament.
Lottomatica’s online segment showed strong performance with revenues growing 19% to €223 million and EBITDA increasing 29% to €122 million.
The company continued to gain market share in the online space, with overall online share rising 1.4 percentage points to 30.5%. iSports share grew 2.1 percentage points to 31.8%, while iGaming share increased 1.0 percentage point to 30.5%.
The Sports Franchise division saw revenues increase 8% to €129 million with EBITDA up 15% to €36 million. Gaming Franchise revenues rose 3% to €191 million with EBITDA growing 6% to €44 million.
For the full year 2025, Lottomatica maintained its guidance for revenues between €2,320 million and €2,370 million, and EBITDA in the range of €840-870 million.
The company also reaffirmed synergy guidance for its recent SKS365 acquisition, stating that 85% of the €87 million expected synergies have now been secured.
The company’s leverage ratio stands at 2.1x based on last twelve months EBITDA, which analysts described as comfortable.
Potential catalysts for the company include market share gains from online regulatory changes expected in the fourth quarter of 2025 and fiscal year 2026, an ongoing €500 million share buyback program, and balance sheet flexibility for potential mergers and acquisitions or additional buybacks.
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