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Allwyn Announces Preliminary Unaudited Q2 2023 Financial Results

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Allwyn International has announced its preliminary unaudited financial results for the three and six months ended June 30 and provides an update on recent developments and current trading.

Consolidated total revenue of €2.046.4bn in Q2, up 115% year-on-year, was primarily driven by recent acquisitions. Excluding these, consolidated total revenue of €1.02bn for Q2, up 7% year-on-year, reflected continuing organic growth.

Consolidated adjusted EBITDA was €381m in Q2, up 35% year-on-year, a consolidated adjusted EBITDA margin of 42%. Excluding recent acquisitions, consolidated adjusted EBITDA was €324.5m in Q2, up 15% year-on-year.

Robert Chvatal, CEO of Allwyn, said: “I am pleased to report that Allwyn delivered another quarter of strong growth, profitability and strategic progress.

“We delivered organic revenue growth across markets and also saw a further step up in profit and free cash flow generation owing to this being the first full quarter of ownership of our recent acquisitions, Camelot UK and Allwyn LS Group (formerly Camelot LS Group).”

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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