🔍

Lottomatica first-half adjusted EBITDA grows 10% driven by online segment

Economia e Finanza - Repubblica.it•
Lottomatica first-half adjusted EBITDA grows 10% driven by online segment - isports news

Lottomatica Group reported a 10% increase in adjusted EBITDA during the first half of 2026, reaching €465.3 million. The growth was driven by the online segment, which saw collections increase by 12%.

The group's consolidated collections totaled €23.7 billion, up 9% compared to the first half of 2025. Total revenues rose 5% to €1,180.6 million. Performance by segment included:

  • Online: €525.1 million in revenue (+13%) and €303.9 million in EBITDA (+21%)
  • Sports Franchise: €275.4 million in revenue (-1%)
  • Gaming Franchise: €380.0 million in revenue (-2%)

In the second quarter, adjusted EBITDA reached €230 million, a 14% year-on-year increase, while online EBITDA grew by 24% with a 58% margin. The group's adjusted net profit was €196 million, and operating cash flow reached €385.5 million.

The company's net financial debt stands at €2,110.4 million, representing a leverage ratio of 2.3 times the adjusted EBITDA on a Last Twelve Months (LTM) basis. Regarding market share, the total online market share rose to 31.6% in the second quarter, with iSports at 31.8% and iGaming at 31.6%.

Guglielmo Angelozzi, President and CEO of Lottomatica Group, stated:

"The second quarter of 2026 continues to demonstrate our 'steady growth' across all main financial and corporate indicators: adjusted EBITDA growth in every quarter of the last 10 years, with the exception of the Covid restriction period, and a continuous and substantial increase in margins thanks to an online market and a constantly growing market share."

The group has returned over 10% of its market capitalization to shareholders since June 2025 through dividends and buybacks. Management reaffirmed its guidance to close the 2026 fiscal year with adjusted EBITDA in the upper range.

Recommendations

Loading...