Flutter Entertainment Sees FY24 Implied Group Revenue Growth Of 17.5% And Further Adjusted EBITDA Growth Of 30.2% At Midpoint
Portfolio Pulse from Benzinga Newsdesk
Flutter Entertainment projects a 17.5% increase in FY24 group revenue and a 30.2% rise in adjusted EBITDA at the midpoint, indicating strong future financial performance.
March 26, 2024 | 10:27 am
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Flutter Entertainment anticipates a 17.5% revenue growth and a 30.2% increase in adjusted EBITDA for FY24, signaling strong future earnings.
The projected growth in both revenue and adjusted EBITDA for FY24 suggests that Flutter Entertainment is on a strong financial trajectory. This positive outlook is likely to instill investor confidence, potentially leading to an increase in stock price in the short term.
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RELEVANCE 100