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    Home > Finance > Italy's Lottomatica reports 47% jump in first-quarter adjusted core profit
    Finance

    Italy's Lottomatica reports 47% jump in first-quarter adjusted core profit

    Published by Global Banking & Finance Review®

    Posted on May 7, 2025

    2 min read

    Last updated: January 24, 2026

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    Quick Summary

    Lottomatica's Q1 adjusted core profit rose 47%, with net profit at 51.5 million euros. The company plans a 500 million euro share buyback in June.

    Lottomatica Reports 47% Increase in Q1 Adjusted Core Profit

    (Reuters) -Italian betting firm Lottomatica on Wednesday posted a 47% jump in first-quarter adjusted core profit, boosted by a favourable payout ratio offsetting the consolidation of PWO acquired in April 2024.

    The Rome-based gambling group's January-to-March adjusted core profit, or earnings before interest, tax, depreciation and amortisation, stood at 220.5 million euros ($250.4 million), while its net profit came in at 51.5 million euros - up from 29.9 million euros in the same period last year.

    The company also confirmed its 2025 forecast for an adjusted EBITDA of 840 million to 870 million euros and a revenue target of 2.32-2.37 billion euros.

    Lottomatica's adjusted net profit totalled 94.7 million euros from 49.7 million euros in the same period in 2024, meanwhile its group net profit for the quarter reached 50.3 million euros.

    "We are off to a great start of the year, registering our best Q1 results ever and paving the way for a successful 2025," Chief Executive Guglielmo Angelozzi said in a statement.

    The company, which returned to the Milan stock exchange in 2023, also said it will launch in June a share buyback program for up to 500 million euros.

    ($1 = 0.8807 euros)

    (Reporting by Romolo Tosiani in Gdansk; Editing by Mrigank Dhaniwala and Louise Heavens)

    Key Takeaways

    • •Lottomatica's Q1 adjusted core profit rose by 47%.
    • •The company's net profit increased to 51.5 million euros.
    • •Lottomatica maintains its 2025 EBITDA forecast.
    • •A share buyback program will launch in June.
    • •Lottomatica returned to the Milan stock exchange in 2023.

    Frequently Asked Questions about Italy's Lottomatica reports 47% jump in first-quarter adjusted core profit

    1What is the main topic?

    The article discusses Lottomatica's 47% increase in first-quarter adjusted core profit and its future financial plans.

    2What are Lottomatica's future plans?

    Lottomatica plans to launch a 500 million euro share buyback program in June and maintains its 2025 financial forecasts.

    3How did Lottomatica perform financially in Q1?

    Lottomatica reported a 47% increase in adjusted core profit, with net profit rising to 51.5 million euros.

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