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Cirsa earns 28.3 million in the first half of the year, up 7.7%.

The gaming giant reduces debt after going public on July 9.

Cirsa debuts on the Barcelona Stock Exchange
ARA
09/09/2025
1 min

BarcelonaCirsa, the international gaming empire, posted a profit of €28.3 million in the first half of the year, a 7.7% increase compared to the first six months of 2024, according to a statement filed with the National Securities Market Commission (CNMV). The Catalan-based company closed the second quarter of the year with an operating profit of €187 million, representing a 9.2% increase compared to the same period last year, and recorded operating income of €579 million, an 11.3% increase. According to a statement released Tuesday, the results for these three months break all quarterly records achieved by Cirsa to date. Between January and June 2025, the company recorded operating income of €1.369 billion, 10.4% more than the figure recorded in the first six months of last year.

Cirsa also managed to reduce its debt, a commitment it had already made prior to its IPO on July 9, when it rang the bell at an initial price of €15 per share, with 250 institutional investors and an oversubscription of more than eight times. Thus, the company has allocated €373 million to this objective and, together with the prior capital injection, has reduced leverage by more than €700 million, bringing it to 2.68 times EBITDA. "The execution of our strategy, our focus on customers and productivity, have led Cirsa to once again meet and exceed our objectives," stated its CEO, Joaquim Agut.

By division, casino results in the second quarter have remained on the same path as recent quarters, as well as revenue growth in the casino division. slots In Spain, the online gaming and sports betting division increased its revenue by 63% and EBITDA by 120% compared to the same period last year, although major sporting events took place in 2024 that were not held in 2025, such as the European Championship and the Copa América.

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