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Intralot reports 20% revenue rise

Supplier Intralot has announced a 20.4% year-on-year increase in consolidated revenues for 2014.

Updated on 31 March 2015

Gareth Bracken

Journalist

The figure rose to €1.85bn for the 12 months ended 31 December 2014.

EBITDA decreased 10% to €175.4m, while net loss after minorities was €49.5m.

Cash flow from operations reached €95.4m for the year, a 17.3% rise, while net debt stands at €381.4m.

Revenues for the parent company decreased 43.2% to €85.7m, while EBITDA was down 13.3% to €20.1m.

Intralot Group CEO Antonios Kerastaris said: “In 2014 Intralot delivered a set of results that focused on cash flow generation leading to the improvement of its net debt position by €20m, and at the same time growing its top line and maintaining almost unchanged its EBITDA on a constant currency basis.”

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Gareth Bracken

Journalist

Gareth Bracken is an experienced gaming journalist and editor who spent more than six years with Players Publishing, progressing through a range of senior editorial roles across its flagship titles, including Gambling Insider. He joined the company in 2010 as an Editorial Assistant before advancing to Staff Writer, Senior Staff Writer, Editor, and later Senior Features Writer.

Between 2011 and 2016, Gareth played a central role in shaping editorial output across print and digital platforms, producing in-depth features, news coverage and long-form analysis on the global gambling and iGaming industries. As Editor from September 2014 to October 2015, he oversaw content strategy, editorial standards and production workflows, helping guide the publication’s development as a leading B2B industry voice.

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