edison tv
Investment Companies
“Edison is the go-to for a new investor to get full understanding of the investment case and business. Edison’s distribution reaches investors that we want to connect with directly.”
OPAP has enjoyed a very strong Q424, which has meant GGR (revenue) came in at £2,296m and EBITDA/recurring EBITDA at €832m and c €828m, respectively. These were well above the company’s guidance of GGR of €2,150–2,200m and EBITDA of €750–770m. They beat our FY24 estimates handsomely, which were above guidance as we believed the guidance was conservative at the time of the Q324 results, and were ahead of our FY25 estimates. Management has provided guidance for low single-digit growth in GGR in FY25 and an EBITDA margin of around 35%.
Industrials | Comment
TMT | Comment
Industrials | Comment
Industrials | Comment
Get access to the very latest content matched to your personal investment style.