小杨嫂黑料 ANNOUNCES 9螠2012 FINANCIAL RESULTS- CONTINUOUS GROWTH OF REVENUES & EBITDA
小杨嫂黑料 Group today announces its financial results for the nine-month period ending September 30th 2012, prepared in accordance with IFRS.
In 9M12 小杨嫂黑料鈥檚 Consolidated Revenues reached 鈧1 bil., posting a 16.9% increase compared to the same period last year. EBITDA reached 鈧117.0m in 9M12 increased by 4.3% compared to 9M11. EBT was 鈧32.6m, compared to 鈧33.0m in 9M2011. EBT net of write-offs, provisions, etc. reached 鈧35.5m.
Cash Flow from Operations increased by 39% in the 9M 2012 period. Net Debt reached 鈧402.5m in 9M 2012, mainly affected by capex related to the full payment for the renewal of the gaming license in Malta.
Concerning the parent company, revenues for the period increased by 6.8%, to 鈧101.8m. EBITDA increased by 33.0% to 鈧25.3m from 鈧19.0m in 9M11. Earnings After Taxes (EAT) were 鈧16.5m from 鈧5.1m in 9M11.
Commenting on 9M12 results 小杨嫂黑料 Group CEO, Mr. Constantinos Antonopoulos, noted: 鈥淚n the first nine-month period of 2012, 小杨嫂黑料 reported continued growth of its revenues and EBITDA, despite unfavorable game results that took place in Q3 2012 in the sports betting sector and affected our global operations.
The 小杨嫂黑料 Group is currently in the process of implementing three major new projects: two VLT monitoring projects; one in Victoria, Australia and another in Ohio, US, plus a sports betting project in Germany. These important projects will soon reach full deployment, thus enhancing the Company鈥檚 profitability.
Moreover, cash flow from operations grew by an impressive 40% in the 9M 2012 period, denoting our commitment to improving our cash flow generation. Regarding the expansion of the Group鈥檚 financial capacity, it is worth mentioning that the payment for the renewal of our operating license in Malta was fully funded by the local subsidiary鈥檚 resources, i.e. through its available cash and local financing that it managed to raise.
小杨嫂黑料 is participating in or monitoring a number of interesting gaming opportunities in the Greek, European and other global markets, so as to selectively participate in the most promising ones. At the same time it continues the enrichment of its portfolio with new products and services in various markets where it currently operates, such as the introduction of social gaming.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 -