ZEAL released a strong set of Q1 results slightly ahead of expectations and despite weaker jackpots. With a now peaking jackpots, the FY'25 sales guidance seems conservative, in our view.

08 May 2025
Strong Q1; sales guidance too conservative, PT up

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Strong Q1; sales guidance too conservative, PT up
ZEAL released a strong set of Q1 results slightly ahead of expectations and despite weaker jackpots. With a now peaking jackpots, the FY'25 sales guidance seems conservative, in our view.