Intralot has announced a strong set of financial results for 2006.
Consolidated revenues for the period reached €791.4m, a 51.3 per cent increase on 2005. Earnings before taxes, excluding stock option costs, recorded an increase of 56.2 per cent, reaching €235.1m. EBITDA excluding stock option costs increased by 59.2 per cent to €254.8m.
Total international revenues for the group amounted to €595.4m, or 75.2 per cent of total group sales, compared with €390.9m in 2005.
Revenues for the parent company increased to €231.1m in 2006, 86.8 per cent higher year-on-year.
Intralot’s chief executive, Constantinos Antonopoulos, said: “Intralot achieved strong growth rates in 2006. This establishes Intralot as the second largest company in the global sector in terms of both revenues and profits.
“The company continued its international expansion with new significant contracts in 2006 in Taiwan, South Africa, Philippines, and Australia.”