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Lotto24 shares jump on improved full year guidance

29th September 2015 7:16 am GMT

Shares in Lotto24 gained 12.12 per cent Monday after the online lottery broker raised its full year revenue forecast following strong growth in revenue and customer signings during the third quarter.

The company said that should external conditions remain unchanged, it expects to have signed at least 320,000 new customers in 2015, rather than its original estimate of 284,000.

As a result, billings are expected to grow by more than 50 per cent year-on-year to €82m.

[...]

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