INTRALOT announces steady Revenue and +6.6% EBITDA increase in 9M22 

 INTRALOT SA announces its financial results for the nine-month period ended September, 30th, 2022, prepared in accordance with IFRS
Reported consolidated revenue posted a stable performance compared to 9M21, leading to local revenue for the nine-month period ended September 30, 2022 of €301.7 million (-0,3%). 

From a contribution perspective, lottery gaming remains the largest contributor to Group turnover with a 64.6% share, followed by sports betting with a 14.4% share, VLT monitoring with a participation of 11.8%, technology contracts with a participation of 9.0% and Racing with a participation of 0.3%. 

Reported consolidated revenue for the nine-month period is €1 million lower year-over-year. This year they are €301.7M (-0,3% year on year) and EBITDA of €88M (+6.6% year on year) in 9M22. 

Strong free cash flow generation and the completion of positive credit restructuring actions had a positive impact on Net Debt (509.6 million euros at the end of 9M22). On the other hand, the gross debt position was negatively affected by the devalution of the euro.

On September 6, 2022, INTRALOT announced the extension of the cooperation with OPAP S.A. for an additional year, from July 31, 2024 to July 31, 2025, with the possiblity of a further extension of the same for one additional year, in the field of numerical lottery products and services. 
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