小杨嫂黑料

小杨嫂黑料 ANNOUNCES 9螠2015 FINANCIAL RESULTS REVENUES & EBITDA INCREASE

小杨嫂黑料 Group today announces its financial results for the nine-month period ending September 30th 2015, prepared in accordance with IFRS.

In 9M15 小杨嫂黑料鈥檚 Consolidated Revenues grew by 3.8%, to 鈧1,379.8m from 鈧1,329.5m in the same period of 2014, representing an increase of 鈧50.3m. On a continuing business basis Revenues (mainly adjusted for Opap, Romania and Victoria contracts) in the first 9 months of 2015 were shaped at 鈧1,368.4m, +7.2% compared to the same period last year. Net of a positive FX impact of 鈧47.0m, revenues reached 鈧1,332.8m, posting an increase of 0.2% versus 9M14. Revenues for the 3Q15 period remained relatively unchanged compared to 3Q14 at 鈧421.2m vs. 鈧424.0m in 3Q14.

EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) in 9M15 was shaped at 鈧131.9m from 鈧131.6m in 9M14 (+0.2%). On a continuing business basis EBITDA in 9M15 was shaped at 鈧128.0m, +20.4% compared to 9M14. Net of a positive FX impact of 鈧5.4m, EBITDA reached 鈧126.5m, posting a decrease of 3.9% compared with the same period of 2014. In 3Q15 EBITDA developed to 鈧44.7m, an increase of 5.9% compared to 3Q14.

EBT (Earnings Before Tax) in the first 9 months of 2015 decreased to 鈧18.0m from 鈧27.3m in 9M14. On a continuing business basis EBT in 9M15 was shaped at 鈧14.3m from 鈧3.0m in the same period of 2014. Net of a positive FX impact of 鈧3.2m, EBT reached 鈧14.8m from 鈧20.4m, posting a decrease of 27.6% y-o-y.

NIATMI (Net Income after Tax & Minorities Interest) in 9M15 was shaped at a negative 鈧50.4m compared to 鈧-32.1m in 9M14. On a continuing business basis NIATMI in 9M15 was shaped at 鈧-52.4m vs. 鈧-49.3m in 9M14. Net of a positive FX impact of 鈧2.0m, NIATMI reached 鈧-52.4m from 鈧-38.9m in 9M14.

Operating Cash-flow in the 9M15 period totaled 鈧64.8m from 鈧94.1m in 9M14. This decrease is caused by mostly one-off working capital requirements in 1H15. Net Capex in 9M15 accumulated to 鈧53.7m, compared to 鈧42.6m in 9螠14. Net Debt as at 30 September 2015 developed at 鈧484.1m, increased by 鈧102.7m compared to 31 December 2014 (鈧381.4m).

Concerning the parent company, Revenues for the period decreased by 18.1%, to 鈧52.8m. EBITDA increased by 147.1% to 鈧37.2m from 鈧15.0m in 9M14. Earnings After Taxes (EAT) decreased to 鈧-8.2m from 鈧-7.4m in 9M14.

Commenting on 9M15 results 小杨嫂黑料 Group CEO, Mr. Antonios Kerastaris, noted: 鈥淲e are pleased with the 3Q results that are in line with our expectations for stable growth of our business. EBITDA grew by 6% compared to 3Q14, despite the ailing performance of Italy due to extraordinarily high, country specific, payouts, which led the Italian business to contribute marginally to our EBITDA, the weak performance of Azerbaijan, the fall-off of the Romanian contract and the effect of the World Cup last year in both the second and third quarters.

I would like to point out that the majority of our subsidiaries reported strong results coupled with our new contracts in Wyoming, Ohio and Georgia, in the US, thus leading to an increase of our EBITDA on a like for like basis by 15.8% in the nine months of 2015.

During the third Quarter, we continued streamlining our global operations and unfold our selective expansion plans. We renewed our presence in New Mexico, US, for 8 years, where we have an excellent cooperation with the State Lottery since 2006 and signed a new 10 year contract in Nigeria, a very dynamic African market. Our focus on licensed operations remains strong, as we proceed with the integration of Bit8 CRM platform that will be a valuable asset on the B2C front of our business.

Finally, it is important to note that we ratified our commitment to sustainable growth, as we have recently been awarded with the WLA Responsible Gaming certification as a gaming vendor.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, about 5.400 people and revenues of 鈧1,85 billion for 2014, 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 -