Playtech (GB:PTEC) has released an update.
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Playtech reports robust H1 2024 financial performance with an 11% increase in adjusted EBITDA and significant growth across key markets, particularly in the Americas. The company has reached a revised strategic agreement with Caliplay and announced the sale of Snaitech for €2.3 billion, planning to return up to €1.8 billion to shareholders. Playtech is on track to surpass its medium-term B2B EBITDA target ahead of schedule, with strong prospects for continued growth.
For further insights into GB:PTEC stock, check out TipRanks’ Stock Analysis page.
