At its Financial Markets Day in Britain, the FTSE 250-listed gaming company 888 Holdings unveiled a revised business plan. In order to reduce its leverage, the corporation has stated that it will focus on a "smaller number of critical markets" in 2025.
More than £2 billion in revenue, an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of much more than 23%, and an updated net debt/EBITDA ratio of less than 3.5x are all predicted by 2025. That is based on a concentration on a "refined" selection of important areas where it seeks to increase market share.a
More than £2 billion in revenue, an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of much more than 23%, and an updated net debt/EBITDA ratio of less than 3.5x are all predicted by 2025. That is based on a concentration on a "refined" selection of important areas where it seeks to increase market share.a