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Date
Friday, May 8, 2026 at 10 a.m. ET
Call participants
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Co-Chief Executive Officer — Peter Hoetzinger
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Co-Chief Executive Officer — Erwin Haitzmann
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Chief Financial Officer — Margaret Stapleton
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Takeaways
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Adjusted EBITDAR — $24.9 million versus €20.2 million, representing a new reporting basis with both currencies explicitly mentioned in the call.
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Adjusted EBITDA — $7 million compared to $3.9 million, equating to an 80% increase.
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Cash and cash equivalents — $6 million at quarter end.
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Total debt outstanding — $337 million, leading to net debt of $277 million.
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Net debt to EBITDA ratio — 6.9 times; adjusted ratio at 7.6 times, both unchanged…

