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Evolution reports €513m first-quarter revenue as European sales decline

Results

Evolution reported first-quarter revenue of €513 million, slightly below the year-earlier figure. Revenue in Europe fell year on year and quarter on quarter, while Betsson, Kambi, MGM Digital, Catena Media, Raketech and Angler Gaming also faced pressures described in the report.

Falling European revenue and reported company pressures may inform assessments of supplier and operator performance.

End-of-day close Evolution (EVO), SEK, to 5 June 2026
Story date9 March 20265 June 2026

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Latest reported results

Evolution Nasdaq Stockholm: EVO

Quarter ended 30 September 2026

Revenue
EUR 526.1m

Betsson Nasdaq Stockholm: BETS B

Quarter ended 30 September 2026

Revenue
EUR 3.62bn

Kambi Nasdaq First North Stockholm: KAMBI

Quarter ended 30 September 2026

Revenue
EUR 46.0m

Catena Media Nasdaq Stockholm: CTM

Quarter ended 30 June 2026

Revenue
EUR 9.5m
Operating income
EUR 313,000.00

Raketech Nasdaq Stockholm: RAKE

Quarter ended 30 June 2026

Revenue
EUR 5.6m
Operating income
EUR 414,000.00

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Results

Kambi reports Q3 revenue of €46m and raises 2026 EBITA outlook

Kambi reported third-quarter 2026 revenue of €46m, up 23% year on year, and adjusted EBITA of €7.9m, up 161%. The company revised its full-year adjusted EBITA forecast to about €26m, from a previous range of €23m-€27m. CEO Werner Becher said favourable currency movements and cost discipline contributed to the quarter’s result.

Kambi reported third-quarter 2026 revenue of €46m, up 23% from €37.4m in the same period of 2025. The group's results showed adjusted EBITA (acq) of €7.9m, up 161%, with the margin rising from 8.2% to 17.3%. The company updated its full-year adjusted EBITA forecast to about €26m, from a previous range of €23m-€27m.

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