Super Group forecasts Q4 revenue of €486m and 2024 revenue of €1.66bn
Super Group expects Q4 2024 to be its strongest ex-US quarter, with revenue of about €486m and adjusted EBITDA of €125m to €130m, the company said. It also forecasts 2024 revenue of €1.66bn and adjusted EBITDA of €387m to €392m, above its previous ex-US guidance. The operator expects its US investment to fall materially in 2025 after investing about €11m there in Q4.
The update gives investors revised full-year expectations and outlines a reduction in planned US investment.