Leading International Investment Research

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>While OPAP’s Q125 results include some favourable one-offs, the highest-ever lottery jackpot and operator-friendly results in sports betting, there is a clear message of growing market share in non-exclusive online games and retail continues to provide low growth. With significant cash generation and a conservative balance sheet, shareholders can look forward to attractive cash returns with a high dividend yield and a potential enhanced share buyback.</p>

While OPAP’s Q125 results include some favourable one-offs, the highest-ever lottery jackpot and operator-friendly results in sports betting, there is a clear message of growing market share in non-exclusive online games and retail continues to provide low growth. With significant cash generation and a conservative balance sheet, shareholders can look forward to attractive cash returns with a high dividend yield and a potential enhanced share buyback.

OPAP — Sports and lottery success in Q125

OPAP SA

OPAP — Sports and lottery success in Q125