Light & Wonder (ASX:LNW) aims to achieve consolidated adjusted earnings before interest, taxes, depreciation, and amortization of $2 billion by 2028 and also double its 2024 adjusted net profit after tax and before amortization by 2028 to over $10.55 per share, according to a Thursday Australian bourse filing.
The company reaffirmed its $1.4 billion consolidated adjusted earnings before interest, taxes, depreciation, and amortization target for 2025.
The gaming segment is targeting to expand its North American Premium footprint market share by 400 basis points, as well as its global game sales market share by 400 basis points by 2028.
The iGaming segment expects to grow its global market share of first-party content by 300 basis points from 2024 to over 10% by 2028. It also expects to enter new markets and capture an equivalent market share to existing markets.
The SciPlay team is aiming to increase average revenue per daily active user by over 30% from 2024 to 2028 through targeted market expansion, among other things.
Light & Wonder's shares fell almost 2% in recent trading on Wednesday.
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