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Aug 12 2025, 08:50 IST/BST
Entain
Solid H1 with small upgrade to FY25
DAVY VIEW
Performance in H1 overall was robust with solid growth in Q2 despite the difficult comparator. It has guided to an increase in its expectations for underlying revenue growth in the Online division and has also increased its margin expectation slightly. FY25 guidance for EBITDA has been introduced, which is slightly ahead of our forecasts. Combined with a good H1 from BetMGM, operational performance has become much more underpinned at Entain with the group delivering several consecutive quarters of online growth.
