Finance

Playtech on track for EBITDA target as Asian headwinds stabilise

Asian revenues stabilise at €150m annualised run rate as B2C division performs in line with expectations

Playtech traded in line with expectations during Q3 and remains on track to meet full-year EBITDA targets despite Asian market difficulties flagged in August. The London-listed software giant is set to deliver adjusted EBITDA in the range of €320m-€360m for 2018 after net adjusted profits fell by 34% in the first half of the year.…

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