Playtech (GB:PTEC) has released an update.
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Playtech reports a robust first half of 2024, with a significant 11% increase in adjusted EBITDA and solid B2B growth, particularly in the Americas. The company has also reached a strategic agreement with Caliplay and announced the sale of Snaitech to Flutter, with plans to return up to €1.8 billion to shareholders. These results indicate Playtech is on track to meet or exceed its full-year financial targets ahead of schedule.
For further insights into GB:PTEC stock, check out TipRanks’ Stock Analysis page.