Light & Wonder targets $1.4bn adjusted EBITDA by 2025

Light & Wonder says it is aiming for consolidated adjusted EBITDA of $1.4bn by 2025, representing a compound annual growth rate (CAGR) of 15%. The announcement was made during the group’s 2022 Investor Day, with the aim of providing an in-depth review of the company’s strategy to “drive sustainable double-digit growth and to drive long-term shareholder value.” Other financial targets for 2022 through 2025 include sig...