Italy's Lottomatica forecasts higher core profit for 2025
March 4 (Reuters) - Italian betting firm Lottomatica (LTMC.MI), opens new tab on Tuesday forecast an adjusted core profit (EBITDA) of 840 million to 870 million euros ($880.4 million to $911.9 million) for 2025, boosted by solid results across business segments and brands.
The Rome-based gambling group's adjusted EBITDA was 739.4 million euros last year, exceeding its own guidance range of 700 million to 730 million euros.
The company, which returned to the Milan stock exchange in 2023, pledged an annual dividend of 0.30 euro per share, up from the 0.26 euro per share it paid out last year.
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Lottomatica's board also proposed a buyback programme of up to 10% of its share capital to the shareholder assembly.
($1 = 0.9541 euros)
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