INTRALOT has published the financial results for the period ended June 30, 2021, highlighting that revenues were € 202.6M, which represents a growth of 34.4%
From the INTRALOT report we highlight the following financial aspects of the first half of 2021:
EBITDA at € 54.3M (+ 106.5% year-on-year), while Adjusted EBITDA at € 46.8M (+ 99.1% year-on-year).
NIATMI (Net Profit After Taxes and Minority Interests) from continued operations at -17.6M €, an improvement of 57.8% compared to the previous year.
Operations under the US entity Intralot Inc., achieved very strong year-on-year growth (Revenues + 28.6%, EBITDA + 69.8%) in the first half of 2021.
Greek OPEX entities improved by 20.3% year-on-year, without considering capital structure optimization expenses.
Considering these results, INTRALOT President and CEO Sokratis P. Kokkalis noted:
“These financial results, in combination with the completion of INTRALOT's debt restructuring in the beginning of August, set the Company in a stable course to fulfill its potential in its key markets, build new partnerships, and tap on new opportunities under its new, significantly deleveraged capital structure, with a leaner operating model”.
Regarding the future in the face of the pandemic, INTRALOT highlights that although there are important advances in vaccinations in developed countries that have allowed the relaxation of restrictions, there is no date set for the end of the health emergency, so it will continue affecting business activities and uncertainty will remain until the virus is fully contained.
READ FINANCIAL RESULTS
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