小杨嫂黑料 ANNOUNCES 9螠2014 FINANCIAL RESULTS STRONG INCREASE OF REVENUES STABLE OPERATIONAL PROFITS
小杨嫂黑料 Group today announces its financial results for the nine-month period ending September 30th 2014, prepared in accordance with IFRS.
In 9M14 小杨嫂黑料鈥檚 Consolidated Revenues grew by 23.1%, to 鈧1,329.5m, an increase of 鈧249.5m. Net of a negative FX impact of 鈧80.9m, revenues reached 鈧1,410.4m, posting an increase of 30.6% y-o-y in 9M 2014.
EBITDA decreased by 8.2%, to 鈧131.7m. Net of a negative FX impact of 鈧11.6m, EBITDA reached 鈧143.2m in 9M 2014, a marginal decrease of 0.2% y-o-y. EBIT decreased by 13.3%, to 鈧66.2m and was affected by 鈧9.8m of negative FX charges. EBIT net of FX charges reached 鈧76.1m, posting a decrease of 0.5% y-o-y in 9M 2014. EBT decreased by 32.1%, to 鈧27.3m. On an adjusted for FX-basis, EBT would have reached 鈧38.0m, posting a decrease of 5.3% y-o-y in 9M 2014. Net profit for the period was shaped at a negative 鈧32.1m.
Cash Flow from Operations reached 鈧45.1m in the 9M 2014 period, remaining largely unchanged compared to the same period of 2013 (鈧45.5m). Net Debt in the 9M 2014 period was shaped at 鈧401.3m, remaining at the levels of the 6M 2014 period (鈧401.1 m), while Capex for the 9M 2014 period reached 鈧42.8m.
Concerning the parent company, Revenues for the period decreased by 37.3%, to 鈧64.5m. EBITDA decreased by 64.8% to 鈧15.0m from 鈧42.7m in 9M 2013, while Earnings After Taxes (EAT) decreased to 鈧-7.4m from 鈧30.8m in 9M 2013.
Commenting on 9M14 results 小杨嫂黑料 Group CEO, Mr. Constantinos Antonopoulos, noted: 鈥淚n the first 9-months of 2014 major existing projects in the US, Australia and Asia were extended and new ones are being successfully implemented.
While the gaming industry undergoes consolidation, 小杨嫂黑料 keeps focusing strongly on the lottery sector, its technological superiority and organic growth as we have done over the past years. The Group is making great technological leaps in order to offer innovative products and services to its customers, both on a B2B and a B2C basis. Moreover, we are in the process of taking actions in certain projects around the world in order to improve the Group鈥檚 financial performance in the near future.
From a financial stand point, the Group continued to grow its sales, maintained its EBITDA profit before any foreign exchange impact and stabilized its net debt position.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 57 jurisdictions, more than 5.500 people and revenues of 鈧1,54 billion for 2013, 小杨嫂黑料 has established its presence on all 5 continents.
For more info: Ms. Persa Kartsoli, Group Director of Corporate Communications, Phone: +30-210 6156000, Fax: +30-210 6106800, email: kartsoli@intralot.com -