小杨嫂黑料

小杨嫂黑料: 1H12 FINANCIAL RESULTS, 17.2% REVENUE GROWTH & 12.2% EBITDA INCREASE


小杨嫂黑料 S.A., the leading international gaming company, today announces its financial results for the six month period ending June 30th 2012, prepared in accordance with IFRS. 

Consolidated Revenues posted an increase of 17.2% reaching 鈧687.3m in 1H12 compared to 鈧586.4m in 1H11. EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) in 1H12 increased by 12.2% to 鈧81.4m, compared to 鈧72.6m in the same period in 2011. EAT (after minorities) in 1H12 were decreased by 26.8% reaching 鈧5.5m. Compared to 1Q 2012, Net Debt reached 鈧388m, posting an increase by 鈧26.1m in 1H 2012 due to a capex of 39.4m in Q2 2012 mainly due to the payment for the renewal of the gaming license in Malta.

Revenues for the Parent Company in 1H12 increased by 17.1%, to 鈧74.2m. EBITDA increased by 59.7% to 鈧20.5m from 鈧12.8 in 1H11. Earnings After Taxes (EAT) were 鈧18.7m from 鈧3.7m in 1H11.

Commenting on the results 小杨嫂黑料 Group CEO, Mr. Constantinos Antonopoulos, noted: 鈥溞⊙钌┖诹 had some very interesting developments during the second quarter of 2012: From an operational view, the most important developments were the renewal of our Lottery license in Malta for another 10 years, a fact that guarantees our uninterrupted operation of the country鈥檚 National Lottery and our entry into the German sports betting market through the cooperation with Scientific Games for the support of Oddset, the State operator of such games in the country. Germany has recently liberalized its betting market and we shall be present in this major European sports betting market.

Additional developments include Mexico, where 小杨嫂黑料 in cooperation with Sorteo will roll-out over a five-year period gaming products for Loter铆a Nacional, the National Lottery of the country. This new business will enhance our already strong presence in Latin America. Moreover, 小杨嫂黑料 recently won a tender to become the Croatian State Lottery鈥檚 strategic partner for its new iCasino Project, expanding our presence in the interactive gaming space. Finally, two new important projects have started recently: the VLT monitoring systems in two major jurisdictions, namely in Ohio, US and Victoria, Australia. Both projects will be fully deployed over the next months.

Regarding our first half results, the Group continued to grow both on a Revenue and Ebitda basis, while cash-flow was burdened by concentration of capex for a number of projects that we are currently implementing, including the Malta license fee payment in Q2 and the VLT monitoring system in Australia, which will have high returns in the mid-term.
Recently the Company鈥檚 Revolving Credit Facility was extended for two additional years, until December 2014, at very competitive financing terms. The financing was provided by a consortium of banks that include world leading international and local banking institutions.

At 小杨嫂黑料, we are selectively looking forward to opportunities that are expected to arise in the near future both in Greece and other major international markets.鈥

About 小杨嫂黑料
小杨嫂黑料, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & Video Lottery operations and its leading-edge technology, give 小杨嫂黑料 a competitive advantage which contributes directly to customers鈥 efficiency, profitability and growth. With presence in more than 53 countries, with approximately 5.500 people and revenues of 鈧1.2 billion for 2011, 小杨嫂黑料 has established its presence on all 5 continents.

For more info:
Ms Persa Kartsoli, Head of Corporate and Public Relations, Phone: +30-210 6156000, Fax: +30-210 6106800, email: kartsoli@intralot.com -