Intralot; 4% EBITDA growth

Thursday, May 25th, 2017
Last Update: 10:14
Intralot has posted a satisfactory start to the year delivering 10.8% growth in GGR and 4% growth in consolidated EBITDA.The latter shaped at €46.5m, slightly ahead of our €45.4m estimate on the back of a better top line performance which more than offset the increased tax and agent commission costs.

Net losses narrowed yoy coming in at €5.5m vs. €9.9m in the same period last year on the back of the operational improvement and the lower financing costs/FX differences.

On the cash flow front, net debt shaped a bit higher than we had anticipated at €509m vs. our €502m estimate, with the c€14m increase relative to the Dec’16 position being driven mainly by c€24.6m capex (incl. €11.7m related to the AMELCO partnership).

See Also:

Thank you for contacting

Thank you for your enquiry to Villas, in partnership with ISV. Our Villa Experts will get back to you very soon with more information on your Greece villa holiday!

The contact form was not sent. Please contact us via email at [email protected]

All form fields are required.

If you want to add, edit or delete a Business page, CLICK HERE to create a Account