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Codere Online posts 31% revenue growth and €4.2M Adj. EBITDA in Q3 2026, driven by Mexico and Spain markets.

Company Fundamentals
12 Nov 2026, 14:00 WIB
GlobeNewsWire
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Bullish
Codere Online posts 31% revenue growth and €4.2M Adj. EBITDA in Q3 2026, driven by Mexico and Spain markets.

Codere Online reported strong Q3 2026 results with revenue up 31% to €62.6 million and Adjusted EBITDA rising 45% to €4.2 million, fueled mainly by growth in Mexico (+37% revenue) and Spain (+13% revenue). Gaming Win increased 30% to €67.1 million, reflecting strong customer wagering activity. The company also announced a multi-year deal as the Official Betting Partner of the NFL in Mexico, enhancing its market presence. Codere Online maintains its full-year 2026 outlook of €255-265 million Gaming Win and €20-25 million Adjusted EBITDA, supported by a solid cash position and no financial debt.

Codere Online's Q3 2026 results provide context for readers interested in consumer cyclical markets. For readers following this sector, here is Pluang's market snapshot as of Nov 12, 2026 19:11 WIB: Among 134 priced Consumer Cyclical-sector US stocks tradable on Pluang, 61 rose and 60 fell today. Notable movers include HMC (Honda Motor Company Ltd. Common Stock) at USD 33.92 with a 1-day change of +1.71% and Pluang order activity showing 98% Buy, STLA (Stellantis N.V. Common Shares) at USD 4.04 with a 1-day change of -1.70%, and SGHC (Super Group (SGHC) Limited Ordinary Shares) at USD 11.49 with a 1-day change of -1.54%.

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