Intralot boasts consolidated revenues surge

Supplier Intralot Group has reported a considerable rise in consolidated revenues for the first three quarters of 2014.

Consolidated revenues for the nine months ending 30 September increased 23.1% to €1.3bn, a €249.5m improvement on last year.

Net of a negative FX impact of €80.9m, revenues reached €1.4bn, a year-on-year increase of 30.6%.

However net profit for the period was shaped at a negative €32.1m, while EBITDA fell 8.2% to €131.7m.

Net of a negative FX impact of €11.6m, EBITDA reached €143.2m, a 0.2% decrease.

Revenue for the parent company decreased 37.3% to €64.5m, while EBITDA plummeted 64.8% to €15m.

Earnings after taxes also decreased by €7.4m.

Intralot Group CEO Constantinos Antonopoulos reacted to the figures by complimenting the company’s worldwide growth as the most pleasing factor for the period.

He said: “In the first nine months of 2014 major existing projects in the US, Australia and Asia were extended and new ones are being successfully implemented.”

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