ANNUAL SHAREHOLDERS GENERAL MEETING: "WITH ROBUST RESULTS , INTRALOT LEADS THE GAMING INDUSTRY"
The company during the last years succeeded to overpass the geographical boundaries and to become a big multinational company of the 5 continents”, underlined INTRALOT S.A. CEO, Mr. Constantinos Antonopoulos, during the Annual General Meeting of the shareholders that was held today.
“INTRALOT further strengthened its leading position around the globe by adding in its portfolio 14 very important new contracts in countries with a total population exceeding 450 million making decisive steps forward. Having won around 65% of the international tenders that have been procured during the last three years globally, where its main competitors have participated, INTRALOT is the new champion of the industry. Satisfying its clients’ needs in the most adequate and integrated way, INTRALOT has built an excellent reputation in the lottery sector. The company’s success story constitutes its credentials to new markets, new cultures and new gaming challenges”, added Mr. Antonopoulos.
During the Annual General Meeting Mr. Antonopoulos guided the audience to the operations of INTRALOT worldwide through a video and commented on the steps that the company has made in Europe, North and South America, Asia, Australia and Africa.
Total International Revenues for the INTRALOT Group represented 82.8% of total Group turnover in 2007 compared to 75.2% in 2006, validating the strong presence of INTRALOT in the global market. Moreover, the General Meeting of shareholders approved the distribution of a total dividend of €0,33 per share (including the interim dividend of €0,15).
Concerning the company’s guidance for 2008, consolidated turnover is expected to reach €1.150 million and profits after taxes and minorities €125 million, an increase of 37,6% and 11,3% respectively, compared to 2007.
INTRALOT has already charted the path to lead the new era of the gaming market worldwide. “The three major drivers that will shape the gaming market in the following years are the forthcoming privatizations of various state lotteries, the liberalization of the markets in Europe and recently in Australia and the need for the legalization of the betting markets in the vast Asian continent. These three forces have already started to create new, exciting opportunities that INTRALOT aims to seize and in some of which is already placed. Our target is to continue our successful operation in the existing markets and further penetrate in the new and challenging ones”, Mr. Antonopoulos concluded his presentation.
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content and sports betting management, to state-licensed gaming organizations worldwide. It’s broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations and its leading-edge technology, give INTRALOT a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in more than 40 countries, with 4.200 people and revenues of €835,5 m. for 2007, INTRALOT has established its presence on all 5 continents.