Lottomatica Group shares jumped 4.8% on Tuesday after the Italian gaming company announced a proposed €700 million share buyback program and delivered fourth-quarter results that exceeded company consensus expectations.

The company reported fourth-quarter revenue of €615 million, up 5% YoY, slightly ahead of company consensus of €613 million. Adjusted EBITDA reached €239 million, a 7% increase from the prior year, beating company consensus of €236 million.

For the full year 2025, revenue totaled €2,255 million, up 12% from €2,005 million in 2024, while adjusted EBITDA climbed 21% to €856 million.

Lottomatica proposed a new share buyback authorization of up to 12.5% of share capital over the next 18 months, representing approximately €700 million based on current share prices. This replaces the previous €500 million program, of which €300 million was completed in 2025, effectively adding €500 million in additional capital returns.

The company issued fiscal 2026 guidance with adjusted EBITDA expected between €940 million and €980 million, with the midpoint of €960 million approximately 1% above Bloomberg consensus of €952 million. Revenue guidance of €2,390 million to €2,460 million came in about 1% below consensus at the midpoint.

“We closed 2025 with revenues exceeding €2.25 billion, adjusted EBITDA of €856 million, up 12% and 21% respectively compared to 2024, and adjusted net profit of €369 million, up 45%,” said Guglielmo Angelozzi, chairman and chief executive officer.