Intralot SPA has achieved its corporate objective of reducing its gross debt below €500m, despite witnessing a slowdown in its B2C performance. Publishing its full-year 2023 accounts, the Athens-listed gambling and lottery technology group reported revenues of €364m, a 7.3% decline from FY2022 results of €398m. The decline in headline revenues is attributed to the discontinuation of its Malta Lottery …
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Intralot maintains ‘EBITDA resilience’ as leadership restructures debt
Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at €280m, down 7% on 2022 comparatives of €301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, accounting for a decrease of …
Read More »Intralot maintains EBITDA growth in H1 of B2C adjustments
Intralot SA highlighted its enhanced operational earnings and cash flow despite commercial adjustments that affected its revenue performance. Releasing its H1 2023 interim trading results, the Athens-listed gambling technology group reported corporate revenues of €175m, a 14% decrease from the 2022 comparative results of €205m. The decline in headline revenues was mainly due to Intralot discontinuing its Malta business, which …
Read More »Intralot sees Q1 improvements lower debt load
Intralot SPA cites confidence in achieving its headline 2023 objectives of improving profitability and reducing long-term debt. The Athens-listed gambling technology group maintains its full-year expectations as Q1 revenues stand at €83.4m, a 4.5% increase from the same period in the previous year, despite encountering an 8.4% decrease in turnover to €89.5m. The decrease in turnover was attributed to the …
Read More »Intralot returns to H1 profits but warns of global headwinds
Intralot SPA has declared a ‘steady first-half of year’ as group leadership continues to monitor drastically changing economic and political dynamics impacting the value chain of its global business. Publishing its interim H1 2022 trading statement, the Athens-listed gambling and lottery technology group reported corporate revenues of €205m (H1 2021: €203m). A breakdown of product performance saw Intralot’s Lottery services …
Read More »Intralot narrows Q1 losses as group reorganisation improves balance sheet results
Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The €70m increase in consolidated revenues …
Read More »Intralot returns to black as Kokkalis transformation bears fruit
Intralot SA has branded 2021 as a breakthrough year for its business, as the Athens-listed gambling technology group accomplished its structural reorganizational directive, that secured financial benefits beyond previous expectations. Publishing its full-year 2021 financial report, Intralot declared a group underlying EBITDA of €110 million up 67% on comparative FY2020’s results of €66 million. Group earnings were bolstered by a …
Read More »Intralot hails Sokratis streamline as business tracks YTD earnings of €57m
Intralot SA cites confidence in achieving its 2021 financial objectives, as the group’s trading benefits from a reorganised structure supporting an all-unit business recovery. Publishing its nine-month 2021 trading report, Intralot has registered group year-to-date revenues of €303 million, up 24% on 2020 YTD comparatives of €243 million. The Athens-listed technology group cited that top-line growth was driven by a …
Read More »Intralot continues unit turnaround benefiting from leaner global profile
Intralot SPA reports a significant improvement in trading, delivering growth across all business units as the Athens listed gambling technology group moves to advance its US market profile. Publishing its H1 2021 trading results (period ending 30 June), Intralot achieved group revenues of €202 million – up 34% on corresponding 2020 results of €150 million. Revenue growth was attributed to …
Read More »Intralot points to stable 2021 outlook following positive Q1 results
Intralot SPA has detailed confidence in achieving its business recovery objectives as the firm declares a positive opening to 2021 trading. Publishing its Q1 2021 trading results (period ending 31 March), Intralot registered group revenues of €102 million – up 9% on corresponding 2020 results of €93 million. The Athens-listed gambling technology group highlighted the recovery of its lottery games …
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