Playtech (PTEC)
- Share Price:
- 397.20p
- Market Cap:
- £1,228.52m
- Change Today:
-
14.80p
- Sector:
- Tourism and Leisure Services
Playtech sees FY earnings above forecasts despite H2 slowdown, shares surge
By Frank Prenesti
Date: Thursday 09 Jul 2026
LONDON (ShareCast) - (Sharecast News) - Gambling software maker Playtech said it expected annual earnings to be "significantly" above estimates after a strong performance in the first six months of the year, sending shares in the company surging more than 17%.
The company now expects adjusted EBITDA for the year to December 2026 to be at least €270m compared with analyst estimates of €205m - €225m.
First half earnings were driven by the US and continued strength in Mexico, Colombia and European markets. The performance in the Americas accelerated through May and June. Playtech now expects H1 2026 adjusted core earnings to be more than €155m.
Playtech said it expected second half earnings to be lower than H1 "for several reasons", including investment in developing new products and the impact of higher UK gaming taxes.
"Following an extended period of investment developing an innovative product based on Past Motor Racing (PMR) results, Playtech benefitted materially from being first to market with Hard Rock Digital with PMR," the company said in a trading statement.
"Hard Rock Digital has become one of Playtech's largest customers and is expected to remain so going forward, albeit Playtech's revenue with the operator is likely to continue at a lower but more sustainable level in H2 2026 and into 2027."
"Elsewhere, the company has been investing into a significant partnership in Brazil, ahead of expected signing and launch, which is likely to begin contributing to growth in 2027."
Reporting by Frank Prenesti for Sharecast.com
Playtech Market Data
| Currency | UK Pounds |
| Price | 397.20p |
| Change Today | 14.80p |
| 52 Week High | 427.60p |
| 52 Week Low | 232.00p |
| Volume | 212,226 |
| Shares Issued | 309.29m |
| Market Cap | £1,228.52m |
Performance Indicators
- Value
-
- market
-
- empty market
- empty market
- empty market
- empty market
- empty market
-
- sector
-
- half sector star
- empty sector
- empty sector
- empty sector
- empty sector
- Price Trend
-
- market
-
- full market star
- empty market
- empty market
- empty market
- empty market
-
- sector
-
- half sector star
- empty sector
- empty sector
- empty sector
- empty sector
- Income
-
- market
-
- full market star
- empty market
- empty market
- empty market
- empty market
-
- sector
-
- full sector star
- half sector star
- empty sector
- empty sector
- empty sector
- Growth
-
- market
-
- full market star
- full market star
- half market star
- empty market
- empty market
-
- sector
-
- full sector star
- full sector star
- empty sector
- empty sector
- empty sector
- Price Chg 6m
-
- market
-
- half market star
- empty market
- empty market
- empty market
- empty market
-
- sector
-
- half sector star
- empty sector
- empty sector
- empty sector
- empty sector
- P/E
-
- market
-
- full market star
- half market star
- empty market
- empty market
- empty market
-
- sector
-
- full sector star
- half sector star
- empty sector
- empty sector
- empty sector
- PEG
-
- market
-
- full market star
- half market star
- empty market
- empty market
- empty market
-
- sector
-
- full sector star
- half sector star
- empty sector
- empty sector
- empty sector
- Dividend Yield
- Not Available
- EPS Growth
-
- market
-
- full market star
- full market star
- full market star
- full market star
- full market star
-
- sector
-
- full sector star
- full sector star
- full sector star
- full sector star
- full sector star