INTRALOT'S FINANCIAL RESULTS FOR THE YEAR 2000
INTRALOT's consolidated turnover for the year 2000 reached Euro 242.1 million compared to Euro 157.3 million for the same period last year. Profits before taxes have boomed to Euro 41.5 million compared to Euro 8.6 million, a significant increase of 386%.
It should be noted that the gross margin doubled from 11%; in 1999 to 22,5%; in 2000. Net profit margin increased from 5,4% of revenues in 1999 to 17,1% in 2000. Despite the significant increase of the turnover, the administrative expenses as percentage of turnover was reduced from 4,7% (1999) to 4,2% (2000).
Based on the signed contracts, INTRALOT's financial results for the year 2001 are expected to grow significantly.