Spain's Cirsa swings to profit in third quarter, lifts 2025 guidance

Cirsa Enterprises SAU

25/11/2025 06:59

Nov 25 (Reuters) - Spanish gambling company Cirsa CIRSA.MC said on Tuesday its net result swung to a profit in the third quarter, largely driven by revenue growth in its online betting business.

Cirsa's net profit stood at 15.2 million euros ($17.5 million) in the quarter, compared to a loss of 10.3 million euros a year ago.

The company also raised its full-year forecast, expecting core earnings of 750 million to 753 million euros instead of the previously guided 740-750 million.

(Reporting by Javi West Larrañaga in Gdansk, editing by Milla Nissi-Prussak)

((Javier.West@thomsonreuters.com; +34 918 35 61 12;))