Tag Archives: Sokratis P Kokkalis

Intralot returns to H1 profits but warns of global headwinds

SBC News 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 …

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Intralot narrows Q1 losses as group reorganisation improves balance sheet results  

SBC News 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 …

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Intralot returns to black as Kokkalis transformation bears fruit 

SBC News 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 …

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Intralot continues unit turnaround benefiting from leaner global profile  

SBC News 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 …

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Intralot divests Brazil subsidiary to Saga

SBC News Intralot divests Brazil subsidiary to Saga

Intralot SA has confirmed the sale of its entire stake in Intralot do Brasil Comércio de Equipamentos e Programas de Computador LTDA (Intralot do Brasil) to Saga Consultoria e Representações Comerciais e Empresariais (Saga). The total cash consideration for the stake sale amounts to €700,000 and it represents 80% of the company’s voting capital. Saga is the only other shareholder of Intralot …

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Intralot delivers stable 2020 earnings despite system shocks

SBC News Intralot delivers stable 2020 earnings despite system shocks

Athens-listed Intralot SA has published its financial results for the 2020 fiscal year, prepared in accordance with IFRS, noting an almost 17% decline in revenue after its lottery and sports betting industries were significantly impacted by the COVID-19 pandemic. For the 12 month period which ended on December 31, 2020, Intralot declared a group revenue of €364.8m, a 16.6% decrease …

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