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Lottomatica Group Announces New Governance Structure

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Lottomatica Group Announces New Governance Structure

Elevate Your Investing Strategy:

An announcement from Lottomatica Group S.P.A. ( (IT:LTMC) ) is now available.

Lottomatica Group S.p.A. has announced a new governance structure following recent resignations. The Board of Directors has appointed CEO Guglielmo Angelozzi as Executive Chairman, and CFO Laurence Van Lancker as Deputy CEO. Additionally, Nadine Faruque has been appointed as Lead Independent Director. These changes aim to ensure strategic progression and management continuity. The company is also in the process of selecting two new independent directors to strengthen its corporate governance.

The most recent analyst rating on (IT:LTMC) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on Lottomatica Group S.P.A. stock, see the IT:LTMC Stock Forecast page.

More about Lottomatica Group S.P.A.

Lottomatica Group S.p.A. is a leading player in the Italian gaming market, with approximately Euro 39 billion in bets and Euro 2.0 billion in consolidated revenues for FY 2024. The company operates across three segments: Online, Sports Franchise, and Gaming Franchise, offering safe and engaging gaming experiences. Lottomatica employs around 2,700 people and has a customer base of over 2 million online customers, distributing its products through approximately 17,800 points of sale.

Average Trading Volume: 818,829

Technical Sentiment Signal: Buy

Current Market Cap: €5.85B

For detailed information about LTMC stock, go to TipRanks’ Stock Analysis page.

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