Better Collective cuts 2026 organic revenue growth outlook to 3%-8% from 7%-12%

By Public Technologies
  • Better Collective cut 2026 guidance on an assumption of no further Brazil betting or casino revenue following a nationwide fixed-odds ban.
  • Now sees organic revenue growth of 3%-8%, down from 7%-12%.
  • Now expects EBITDA before special items growth of -7% to +3%, down from 8%-18%; keeps net debt to EBITDA below 3x.
  • Brazil was trending toward about 45 mEUR of 2026 revenue, including about 15 mEUR in the remainder; annual cost base about 10 mEUR.
  • Suspended 2027-2028 financial guidance; halted its share buyback program to preserve financial flexibility amid Brazil uncertainty.


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