Intralot reports 34 increase in H1 revenue
Intralot has recorded €202
Intralot has recorded €202.6m ($239.98m) inwards chemical group revenue for the world-class half of 2021, upwards 34% year-on-year.
The international gaming solutions and operations aggroup has posted its financial results for the number one vi months of the year.
Its earnings before interest, taxes, wear and tear and amortisation (EBITDA) were at €54.3m ($64.3m), grading a 107% rise, piece porcine gaming revenue (GGR) came inwards at €163.9m ($193.9m).
Lottery games contributed the to the highest degree to the group’s upper side line, comprising 59.5% of its revenue, followed by sports betting which made upwards 18.3% of group turnover for the six-month period.
Technology contracts accounted for 12.2% and video lottery terminals (VLTs) represented 9.5% of chemical group turnover, piece racing constituted 0.5% of come revenue for the firstly half of 2021.
It reported minimum wallop from the Covid-19 pandemic, stating that the harm has been contained to roughly €1.5m ($1.7m) of the group’s EBITDA level.
Sokratis P. Kokkalis, Intralot’s Chairman and CEO, noted: “Intralot’s warm public presentation continued into the back billet of 2021, resulting inward 106.5% growing of Earnings Before Interest Taxes Depreciation and Amortization in the for the first time sise months of 2021 and 34.4% growth in revenue.
“These financial results, in combining with the completion of Intralot’s debt restructuring inwards the root of August, localize the society inward a stalls trend to fulfil its potency inward its Florida key markets, build new partnerships, and pat on unexampled opportunities below its new, significantly deleveraged cap structure, with a leaner operating model.”
The twelvemonth 2021 has already marked a full point of substantial alter for the company.
In May, Intralot proclaimed the sales agreement of its 80% bet inward Intralot make Brasil to SAGA for a tote up hard currency considerateness of €0.7m ($0.8m).