Shares of Playtech Plc (PTEC.L) are up 7 percent on Thursday's trading after the company said that it now expects adjusted EBITDA for the year ended December 31, 2025, to be at least 195 million euros, much above the current market outlook.
At present, analyst estimate the company to report 2025 Adjusted EBITDA between 150 million euros and 187 million euros, with a mean consensus of 177 million euros.
On the LSE, PTEC.L is currently up 7.3 percent on Thursday's trading at 299.19 pence.
The gambling software development company said that this is due to good trading in the second half of 2025, helped by the US and Mexico strong performance in the fourth quarter.
Playtech said that it remains confident in its outlook for fiscal 2026 and its medium-term targets of 250 million euros to 300 million euros of Adjusted EBITDA. This is attributed to its strong performance and positive prospects in regulated markets, particularly across the Americas, the company said in an official statement.
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