The multi-national lottery operator with a strong presence in Austria, Greece and Italy, among other European markets, Allwyn, released its latest financial report.
The company highlighted a number of strategic achievements along with preliminary figures for its performance in the first three months ended March 31, 2025.
Notably, Allwyn reported €2.24bn in revenue for Q1 2025, a result that represented an increase of 6% year-over-year when compared to the €2.10bn result from Q1 2024.
The revenue from gaming activities in Q1 this year was €2.15bn, a figure that represented a solid increase of 7% when compared to the corresponding period last year.
Allwyn's adjusted EBITDA for the first quarter this year hit €363.2m.
A year-over-year comparison to the corresponding quarter in 2024 shows that this year, adjusted EBITDA increased by 1%, with the company explaining that this growth was the result of the simplification of its corporate structure.
Robert Chvatal, Allwyn's CEO, spoke about the latest results and recent accomplishments, Casino Guru News learned from a press release.
"I am very pleased to report a good start to 2025, with the continued successful execution of our growth strategies sustaining the positive momentum from our record performance in 2024," the executive explained.
Chvatal spoke about Allwyn's solid profitability and growth recorded in markets such as Cyprus, Greece and Austria.
The company's CEO pointed to the 6% year-over-year increase in total revenue, which was the result of growth in the digital segments, complemented by improvements to Allwyn's offering.
"It was also a winning quarter for our players, with a record €250m EuroMillions winner in Austria, and in Greece, not only the largest ever Tzoker jackpot, but also the first winner of Eurojackpot Extra, which launched in the final quarter of last year," Chvatal added.
The CEO reiterated his excitement with the Q1 financial results, acknowledging that those figures position the company well for further growth throughout the year.
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