SAZKA Q2 revenue up 200 year-on-year

SAZKA Group has reported gross gaming revenue (GGR) of €740

SAZKA Group has reported porcine gaming revenue (GGR) of €740.1m ($875.50m) for the sec canton of 2021, a 200% year-on-year increase.

Adjusted Earnings Before Interest Taxes Depreciation and Amortization grew past 343% to €252.7m, with turn a profit after taxation increasing past 706% to €141.9m.

For the sestet months termination 30 June 2021, GGR increased by 94% year-on-year to €1,266.4m. Adjusted Earnings Before Interest Taxes Depreciation and Amortization grew 97% to €397.1m, with turn a profit after tax increasing by 322% to €177.1m.

Also inward the trading update, SAZKA said that online sales had significantly increased during 2020, and hold continued to develop strongly inwards all markets. The group’s Austrian Lotteries, and its Czechoslovakian Republic and Italian businesses, preserve to craft well, with its Greece physical retail, Austrian and international casinos at present operating without material restrictions.

Such businesses are also expecting to ensure a “substantial prescribed wallop on profitability and cashflow generation” from the GGR tax quittance inward Greece, and the restructuring of the Austrian casinos.
Commenting further on the pandemic, SAZKA noted: “Assuming no more unexampled restrictions, Q3 testament be the foremost billet since Q4 2019 with no more stuff Covid wallop on any of our businesses.”

The society also noted that GGR is similar to 2019 levels, but “slightly amend than the retrieval inwards Q3 2019 when to the highest degree restrictions were also lifted.”

This news is brought to you by the Original NTC33 APK.