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Montega reiterates Buy on ZEAL Network, sets EUR 70 price target

PUBT·08/05/2026 11:24:35
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Montega reiterates Buy on ZEAL Network, sets EUR 70 price target
  • Montega reiterated a buy rating on ZEAL, kept its 12-month price target at EUR 70.
  • Q2 revenue came in at EUR 67.5 million, up 34% year on year, slightly ahead of Montega forecasts on strong jackpot conditions.
  • EBITDA rose to EUR 23.4 million, implying a 34.7% margin, weighed by higher marketing during jackpot phases.
  • Lotto transaction volume reached EUR 327.9 million, equal to 14.8% of the German lottery block’s total, seen as a record.
  • Montega flagged 385,000 new customers in the quarter, up 53% year on year, citing efficient marketing spend.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZEAL Network SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26402) on August 05, 2026, and is solely responsible for the information contained therein.