OPAP: Optimism for achieving the 2025 goals

OPAP announced affirmative results for the archetypal 4th of 2025, allowing the absorption to stay optimistic astir achieving its targets for the year. The institution has a resilient concern illustration with diversified organisation and nett networks that assistance mitigate imaginable risks amidst planetary economical uncertainty.

According to Jan Karas, CEO of OPAP, “2025 started disconnected well, with strong results for the archetypal quarter. Our steady integrated growth, fueled by the ongoing momentum successful our online operations, gives us assurance that we will conscionable our projections for 2025. Key contributors to this success were our sports betting and iGaming activities, while the Tzoker crippled benefited from a favorable jackpot series – peculiarly the record-breaking jackpot successful January.”

Profitability

Net gross amounted to 595.0 cardinal euros, up 8.2% year-on-year owed to strong online maturation of 20% arsenic well arsenic the important show of the land-based enactment (retail), which recorded a 4% increase, supported by very strong nett margins successful sports betting and the grounds jackpot successful Tzoker.

Gross nett (from games) accrued by 10.7% to 250.8 cardinal euros year-on-year, exceeding gross growth. Earnings earlier interest, taxes, depreciation and amortization (EBITDA) roseate by 8.8% to 207.1 cardinal euros, pursuing the summation successful GGR.

Karas underlined that “the digitalization of the retail web is progressing rapidly, done the OPAP Store App, which offers personalized experiences based connected its loyalty program. At the aforesaid time, leveraging the information that OPAP is simply a subordinate of Allwyn, we will proceed to connection unique experiences to our customers. Overall, the show of the archetypal 4th positions us appropriately to execute our goals successful terms of maturation and profitability, to make value for our shareholders and to instrumentality our priorities successful the areas of sustainability and κοινωνικά responsibility.”