Shareholders’ Annual General Meeting: INTRALOT FOCUS ON ORGANIC GROWTH & TECHNOLOGICAL EXCELLENCE
“With a resilient and high scalable business model, adaptable to different environments in the territories where the Company operates, based on its extensive operational know - how and with a proven track record across geographies, INTRALOT has increasingly built a very strong foothold on all regions becoming the leading company of the gaming sector. INTRALOT is now focusing on the organic growth of its current projects and the selective expansion in regions and gaming segments that meet its strategic goals. The solid FY2012 and 1Q2013 Financial Results ratify that we are on the right track regarding the targets we have set”, stated Mr. Constantinos Antonopoulos, CEO of INTRALOT Group, during the Company’s Annual Shareholders’ Meeting that took place today in Athens, Greece.
Continuing his speech, Mr. Antonopoulos added: “We are closely monitoring all business opportunities worldwide, focusing on public – private partnerships and Internet legalization in the US, privatizations and exclusive concessions, as well as market liberalization in Europe and legalization in Asia, among others. In the years coming, INTRALOT will maintain its leadership in technology and product innovation, continuing to set the future trends of the gaming industry. At the same time INTRALOT will continue to further strengthen its financial position continuing to optimize its cash flow and improve its financial performance in all regions.”
In 2012 the Group’s Revenues reached €1.4 billion, posting an increase of 14.3%, while EBITDA increased by 15.4% to €177.5m. EAT-am (Earnings After Taxes and after minorities) were shaped at €6.1m and adjusted EAT-am reached €16.5m. Cash Flow from Operations increased by 39% in the FY2012 period reaching €114m.
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & 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 56 jurisdictions, more than 5.500 people and revenues of €1.4 billion for 2012, INTRALOT has established its presence on all 5 continents.