Inclusion in the STOXX Europe 600 can open up new potential!

$LTMC (-1,8 %)

Perfect timing: the dividend is immediately reinvested in a few bottles of red wine and cheese. Then sit back and watch the orange man make the markets jittery.

$LTMC (-1,8 %)

Lottomatica could consider further merger and acquisition activity after a record first quarter performance.

Lottomatica reported record first quarter revenues of 584.5 million euros ($659.8 million), driven by double-digit growth in its online and sports betting segments in the first quarter. Speaking to analysts after the results were published on Wednesday, the Italian provider did not rule out further mergers and acquisitions to expand its offering.

Turnover in the three months to March 31 was up 33% year-on-year, figures from Lottomatica show. This is the highest total turnover in the first quarter in the company's history.

The increase is attributable to growth in the Group's online and sports betting business. Both segments recorded a 59% increase in turnover in the quarter compared to the same period last year, with total bets also rising in both divisions.

CEO Guglielmo Angelozzi said the record quarter had "paved the way" for a successful 2025.

"We have made a very good start to the year," said Angelozzi. "The online market continues to grow very healthily. Payouts in the sports betting segment are also very good. They were above the normal level both online and in retail and well above the previous year's figure."

Can we expect more mergers and acquisitions from Lottomatica?

Given the good results in the first quarter, Angelozzi pushed for potential mergers and acquisitions. Last year, the group benefited from the acquisition of SKS365, which was completed in April 2024 . The resulting benefit was clearly visible in the results for the 2024 financial year .

While Angelozzi said the company has a "strong filter" in terms of potential new additions, it is considering several options.

"We continue to pay very close attention to the quality of the assets in complementary investments," he said. "We are becoming more selective in the quality of the assets we look at and remain disciplined on price."

"But there are certainly some interesting opportunities out there that we will continue to explore and take advantage of."

Chief Financial Officer Laurence Van Lancker added: "We are maintaining our M&A analytical framework, which covers the European B2C market and the secondary sectors in which we operate. I think there are clear opportunities that we continue to monitor."

I would say that nothing has changed in our international M&A approach. In Italy, we are continuing our strategy of targeted acquisitions. We are working on a pipeline and continue to maintain the same price discipline.

Elsewhere, Angelozzi told analysts that the operator was "resilient" in the face of possible future tariffs in the US.

"We are resilient to tariffs, that's self-explanatory really. But more importantly, we believe the company is generally very resilient to macroeconomic headwinds. This has been the case during previous economic shocks and recessions. Think of February, the global financial crisis and the recent period of hyperinflation," he said.

SKS365 continues to drive growth in the online and sports betting sector

Incidentally, it was the acquisition of SKS365, now called PWO by Lottomatica, that boosted online and sports betting turnover in the first quarter. Starting from the online business, which is now the Group's main source of revenue, an increase of 59% to 239.8 million euros was recorded.

The same acquisition led to equally strong growth in the sports betting business. Turnover rose by 59% year-on-year to 150.4 million euros, with Lottomatica also recording a positive sports betting payout in the quarter.

Gaming was the only segment that did not benefit from the deal, as revenue in the first quarter remained unchanged at EUR 195.5 million.

The effects of the acquisition were also clearly felt in the betting volume. Online betting rose by 46% to 7.36 billion euros, sports betting stakes climbed by 27% to 1.05 billion euros, while gaming stakes fell by 3% to 2.77 billion euros.

In addition, the increase in turnover led to a rise in adjusted EBITDA to EUR 220.5 million, an increase of 47% and a new record for Lottomatica in the first quarter. Adjusted EBITDA in the online segment rose by 55%, while it increased by 132% in sports betting. Adjusted EBITDA in the gaming segment fell slightly by 1% in the quarter.

Net profit exceeds 50 million euros

Operating costs increased across the board. Depreciation, amortization and impairments also increased, but financing expenses were reduced.

Pre-tax profit amounted to 77.8 million euros in the quarter, an increase of 49% compared to the previous year. The Group paid 26.3 million euros in taxes, leaving a net profit of 51.5 million euros, an increase of 71.9 percent compared to the previous year.

However, after deducting the net profit from non-controlling assets of 1.3 million euros, the net profit attributable to Lottomatica amounted to 50.3 million euros, an increase of 77.7%.

https://igamingbusiness.com/finance/quarterly-results/lottomatica-considers-ma-record-q1/

#grueneostern

Euphoric due to the small and short rally after the Trump election. I envisioned a different scenario for the year 2025 than we have now...

And contrary to all the crash prophets, I expected a positive US market at the beginning of the year. That's why I stupidly made another good investment at the end of the year. And logically, these stocks are now all down sharply. And have very quickly reduced the good overall performance I had achieved over the years to plus/minus/zero.

Incidentally, I only started investing again in 2023 after a long break. $GFT (+0,56 %) GFT is the only stock from older days.

CONCLUSION

- You're always smarter afterwards

- @Epi I would now say, why didn't you reallocate early enough? My opinion here was and remains that selling in panic is also not sensible. And as a small investor, you're usually too late anyway.

- Everyone actually knew that the US market had done far too well and was overheated.

- and Trump always announced the tariffs during the election campaign. So now he's doing things that don't come out of the blue.

- Nevertheless, I remain optimistic and have already bought a few more positions.

Because everyone knows that the "Orange Man" is a deal maker. He probably loves his country more than any other president. Otherwise his motto would not be "MAKE AMERICA GREAT AGAIN".

And that's why I believe that agreements will soon be reached.

- History shows us that things will continue to go up in the long term.

My dears, it pays to persevere. This is shown by the green side #grueneostern of my portfolio, which tends to hold my long-term stocks

$LTMC (-1,8 %) Lottomatica is a new investment, but one that is not affected by tariffs and has developed positively as a result. So it's also worth keeping an eye out for stocks that won't be dragged down by the "Orange Man".

$LTMC (-1,8 %)

Lottomatica confirms its leading role in the gaming sector with its participation in the second edition of the IGE - Italian Gaming Expo & Conference.

Lottomatica: innovation, responsibility and strategic vision

Lottomatica's participation in IGE 2025 reaffirms the company's commitment to leading the development of the gaming industry in Italy through an approach based on innovation, responsibility and a long-term vision focused on sustainability and value creation for all stakeholders.

Managers from the Lottomatica Group took part as speakers.

My dears, you can find the details in the linked article.

https://lottomaticagroup.com/en-us/innovazione-tecnologica-e-sostenibilita-lottomatica-a-ige-2025-%E2%80%93-italian-gaming-expo-conference

$LTMC (-1,8 %)

Another positive signal from the leading Italian provider in the legal gaming market: the share is trading with a good plus of +1.9%.

The weekly analysis of the Lottomatica share price underlines the positive trend line as it outperforms the benchmark. The share is thus outperforming the FTSE Italia Mid Cap . The short-term trend of

Lottomatica

is bullish, with resistance at 18.98 euros, while the most immediate support is at 18.49 euros. A strong continuation of the upward trend towards EUR 19.47 is expected. This analysis is for information purposes only and in no way constitutes financial advice, a solicitation to raise money or a promotion of any form of investment.

(Teleborsa Research Department)

(Teleborsa) 04.02.2025, 12:30 pm

https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/milan-lottomatica-on-the-rise-15_2025-04-02_TLBEN-AUTO.html?lang=en

$LTMC (-1,8 %)

Lottomatica Group , a leading company in the authorized gaming sector in Italy and one of the most important operators at European level, is pleased to announce the renewal of the "Top Employer Italy" certification for 2025. This is the second time in a row that it has received this prestigious award. The certification once again confirms the company's excellence in human resources management and its commitment to creating a workplace where people and their professional development are at the center.

The Top Employer certification is awarded by the Top Employers Institute to companies that distinguish themselves through outstanding HR policies and strategies. Certified companies are characterized by the implementation of practices that focus on employee well-being and improving the work environment. More specifically, certification is awarded to companies that meet the high standards of the HR Best Practices Survey, a rigorous process that analyzes various aspects of human resource management.

"Being certified as a Top Employer for the second year in a row is a significant achievement for us and rewards our ongoing commitment to creating an innovative, inclusive and growth-oriented workplace," said Giuseppina Falcucci, Chief People Officer of Lottomatica Group . "We invest daily in the well-being and development of our talents so that they can reach their full potential in a dynamic and stimulating environment. This recognition confirms the strength of our HR strategies and motivates us to continue on this path with even greater determination."

By renewing its certification, the company is reaffirming its vision of creating a stimulating and sustainable working environment in which the well-being of employees is at the heart of every strategic decision and the basis of every great success.

$LTMC (-1,8 %)

Lottomatica exceeded both sales and adjusted EBITDA expectations in a year that CEO Guglielmo Angelozzi described as an "outstanding" year for the Group.

Sales in the twelve months to December 31, 2024 reached €2 billion (£1.65 billion/$2.1 billion). This is 23% more than the €1.63 billion reported by Lottomatica in the previous financial year.

Announcing the results today (March 4), Lottomatica said that turnover was well above the €1.8 billion to €1.85 billion range originally stated last year at this time. This is in line with the adjusted forecast published in July 2024

The reasons for the growth were primarily due to a 50% increase in online sales to EUR 780.2 million. This was due to the acquisition of SKS365, which was completed in April 2024 and significantly expanded the Group's online offering.

At 24.49 billion, the total number of online bets was also 51% higher than in the previous year. Lottomatica benefited from several major sporting events in 2024, including the European Football Championship 2024, which took place in June and July.

In terms of the other segments, revenue from the sports franchise rose by 25% to €460.8 million, with betting volume also increasing by 27% to €3.58 billion. Gaming revenue rose slightly by 3% to 767.7 million euros, with the betting volume amounting to 11.09 billion compared to the previous year.

Net profit increases despite higher costs at Lottomatica

In terms of expenditure, costs increased almost everywhere. The largest expenses were service costs (1.21 billion euros), personnel costs (135.5 million euros) and depreciation, amortization and impairment (244.4 million euros), all of which were higher than in the previous year.

However, the increase in turnover was so strong that it more than compensated for the rise in costs. Pre-tax profit exceeded 180.9 million euros, an increase of 32% compared to the total profit for 2023

Lottomatica paid 77.1 million euros in taxes and also deducted 5.2 million euros in profit from non-controlling interests. As a result, the company closed 2024 with a net profit of €98.6 million, an increase of 45%.

In addition, adjusted EBITDA rose by 22% to EUR 706.9 million over the course of the year. This is significantly above the original forecast of EUR 625 to 645 million and corresponds to the forecast of EUR 700 to 730 million, which was adjusted in July.

"2024 was an outstanding year for our Group, in which we consolidated our leading position in all segments and brands," said Angelozzi. "We have exceeded the expectations set at the beginning of the year and the subsequent upgrades."

"With the acquisition of PWO and the implementation of our bolt-on strategy, we have continued to grow both organically and through mergers and acquisitions."

High hopes for 2025

Lottomatica has formulated certain expectations for the current year. The company is forecasting turnover of between 2.32 and 2.37 billion euros, with the average value being 17% higher than in 2024.

Adjusted EBITDA is expected to be in the range of EUR 840 million to EUR 870 million. The mean value would correspond to an increase of 21% compared to the previous year.

"Our goals for 2025 are to strengthen our leadership position in all segments through product and technology innovations, further develop the omnichannel model and at the same time efficiently manage the transition from retail to the online market," said Angelozzi.

https://igamingbusiness.com/finance/full-year-results/lottomatica-surpasses-expectations-2024/