Finance

Fortuna predicts triple-digit EBITDA growth for 2017

Central European operator forecasts new EBITDA growth figures due to higher sportsbook margins from favourable sporting results

Fortuna has predicted EBITDA growth in the range of 135-150% for 2017 in its latest trading update on Wednesday. Amounts staked for the year are expected to reach €1.9bn, driven by higher sportsbook margins than expected throughout Q4 and December with previous EBITDA growth predicted at 80-95%. Capital expenditure for 2017 is expected to remain…

Finance | Fortuna Entertainment Group | GVC Holdings | Kambi

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