Playtech Posts Pretax Loss From Cont. Ops. In H1

Financial Performance - Playtech plc reported a first half loss before tax from continuing operations of 58.8 million euros, compared to a profit before tax of 21.5 million euros in the prior year [1] - Loss per share from continuing operations was 25.4 euro cents, an increase from a loss of 18.0 euro cents in the previous year [1] - Adjusted EBITDA from continuing operations was 91.6 million euros, reflecting a 16% decrease year-on-year [1] - Adjusted EPS from continuing operations was 5.4 euro cents, down from 6.2 euro cents [1] - Total reported revenue from continuing operations was 387.0 million euros, marking a 10% year-on-year decrease [1] Management Outlook - CEO Mor Weizer stated that the second half of the year has started well, with expectations to exceed annual targets and achieve medium-term growth goals set for fiscal 2024 [2] - The company plans to leverage its strong balance sheet to increase investments in the US and Brazil in the second half to drive continued growth [2]