Turnover for the year was € 1.32 billion, up from € 1.24 billion in 2015, while EBITDA climbed from € 164.9 million to € 175.8 million year on year.
Commenting on the figures, Intralot Group CEO Antonios Kerastaris said: "The strongly positive results of 2016 in both growth and profitability reflect important transformations that have taken place over the past couple of years across operational capabilities, project management, cost structure, and products and services portfolio investments.”
"A series of M&A transactions greatly enhanced our business development potential through strong local partnerships and diversified portfolio offering,” Kerastaris added.
"The past year was also marked by
tremendous improvements in Intralot’s financial structure in a way that secures
future savings and a clear funding horizon until 2021 while affirming
international investors’ confidence in future value creation,” Kerastaris
concluded.
Source: GMB
