Kindred reports Q2 revenue growth to £327.6m and reaffirms EBITDA guidance
Kindred reported second-quarter 2024 revenue of £327.6m, up 7% year on year, and underlying EBITDA of £73.6m, up 32%. CEO Nils Andén called the results very positive and reaffirmed full-year underlying EBITDA guidance of £250m; casino and games revenue declined year on year, while improving when North America was excluded.
Kindred’s higher revenue and EBITDA accompany a casino revenue decline, while full-year EBITDA guidance remains reaffirmed.