Sage Investment Club

Playtech to Close FY22 with At Least €400M EBITDA

Playtech (LON: PTEC) released a trading update on Thursday, revealing its expectations to end the financial year 2022 with at least €400 million in adjusted EBITDA. The expected figure is 26 percent higher than the previous year. The company highlighted that the upward dragging of its performance in the year was due to the performance […]

Q3 preview: Metal firms’ sales likely to flatten, profits may plunge

Subdued demand as well as volatile prices will likely weigh on earnings of metal companies for the third quarter of the ongoing financial year (Q3 of FY23), Bloomberg consensus estimates for the period show. Year-on-year (YoY) net sales growth will be flat in Q3, Bloomberg data shows, while the bottom […]