Light & Wonder reaffirms single digit earnings growth
- Light & Wonder reaffirmed its full-year 2026 financial guidance for single-digit growth.
- The company details a clear plan to reduce its net debt leverage ratio by 2027.
- A continuing share buyback programme aims to support long-term corporate value.
Light & Wonder (ASX:LNW) has reaffirmed its full-year 2026 guidance, projecting mid- to high-single-digit growth in adjusted earnings.
The group stated it remains on track to reduce its targeted net debt leverage ratio by late 2026.
The company reported that US$180 million remains available for its ongoing share buyback programme as of July 1.
During the second quarter of 2026, the business spent US$134 million to repurchase more than 1.6 million depositary interests.
Following the announcement the Light & Wonder share price was unchanged at $155.00.
The gaming firm previously reported first-quarter revenue of US$790 million, representing a 2.1 per cent increase from last year.
Net debt stood at US$5.2 billion ahead of the second-quarter financial results announcement on Aug. 4.
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