Tag Archives: ‘Nueva Codere‘

Nueva Codere recovery outlook bolstered by positive Q1 results

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

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Codere backs stable portfolio ahead of further 2022 transformations

Codere SA has published a performance update on Q4 2021 trading activities – a period that saw the Spanish gambling group delist from the Bolsa Madrid exchange to comply with bondholders’ orders. During Q4 trading, Codere registered corporate revenues of €291m, a  result that saw the company match 85% of like-for-like revenues achieved during Q4 2019  prior to its business …

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XLM predicts strong full year trading despite European Casino hurdles

XLMedia (XLM) expects 2021 to be a year of successful trading ahead of the publishing of its trading results for the 12 months ending 31 December, driven by several sports acquisitions and partnerships.  Overall, the digital performance publishing group expects full year results to be ‘in line with expectations’ with revenue of $66.6 million (2020: $54.8 million) and adjusted EBITDA …

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XLMedia seeks new Chair to build on 2021 acquisitions strategy

XLMedia will initiate a recruitment process for a new Non-Executive Chairman, as Christopher Bell withdraws from the position to join ‘Nueva Codere‘, the business identity of Grupo Codere SA. During his nearly eight years as Chair of XLMedia, Bell oversaw the group’s IPO on the London AIM in 2014 as well as ‘a number of successful strategic acquisitions’ – the firm …

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