Marcus Arildsson, CFO of Codere Online (CDRO), commented, “Beyond the strong top line performance in the fourth quarter, we also had a significant uplift in Adj. EBITDA to EUR 6.7 mm in the period, allowing us to meet the upper part of the 2025 outlook range we provided last year. As we look out to 2026, we are encouraged by the strong trends in both Mexico and Spain and expect our net gaming revenue for the year to be in the EUR 235-245 million range and Adj. EBITDA between EUR 15 and 20 million.”
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