Evolution in line with expectations

Live casino developer Evolution reported revenue and adjusted EBITDA in line with expectations for the second quarter.

Revenue fell 1.2% to €517.8m (€524.3m). The result can be compared with Factset's analyst consensus, which stood at €522m.

EBITDA came in at €341m (€345.3m), versus €342m expected, with an EBITDA margin of 65.9% (65.9%).

Adjusted EBITDA totaled €341m (€345.3m), versus €343m expected, with an adjusted EBITDA margin of 65.9% (65.9%).

Operating profit was €297.8m (€306.4m). The operating margin was 57.5% (58.4%).

Net profit after tax was €251.4m (€248m).

Earnings per share were €1.27 (€1.22).

Evolution, MEUR	Q2-2026	Consensus	Change vs consensus	Q2-2025	Change
Net revenue	517,8	522	-0,8%	524,3	-1,2%
EBITDA	341	342	-0,3%	345,3	-1,2%
EBITDA margin	65,9%	65,5%		65,9%
Adjusted EBITDA	341	343	-0,6%	345,3	-1,2%
Adjusted EBITDA margin	65,9%	65,7%		65,9%
Operating profit	297,8			306,4	-2,8%
Operating margin	57,5%			58,4%
Net profit	251,4			248	1,4%
Earnings per share, EUR	1,27			1,22	4,1%

Consensus data from Factset