INTRALOT'S H3 2001 FINANCIAL RESULTS
INTRALOT announces consolidated interim results for the 9 months ended September 30, 2001.
Revenues reached Euro 202,1 million compared to Euro 165,29 million for the same period last year, a 22% increase compared to the previous period.
EBITDA (earnings before interest, tax, depreciation and amortization) increased by 65,4 % to Euro 59.5 million, compared to the same period last year.
EBITDA margin reached 29,4 % (last year 21,8) reflecting operational efficiency.
Income before taxes recorded an increase of 55,1% by reaching Euro 51,9 million compared to Euro 33,4 million, on the 3rd quarter 2000.
RnD expenses increased by 72% reflecting the focus on development of cutting-edge sophisticated information systems.
Debt/equity ratio stands at the very healthy level of 1,1 times.
Net operating cash flow reached a record of € 76,26 million (25989 billion Grd) demonstrating the company's ability to generate significant positive cash flows and efficiently utilize its capital employed.
INTRALOT -already having a solid presence in Greece and Eastern Europe- aims to consolidate its position in international markets. One more step towards this direction is the 7-year contract that INTRALOT has been awarded to provide with an on-