INTRALOT Group ANNOUNCEMENT OF FINANCIAL RESULTS for the nine-month period ended September 30 th, 2018

in Finance

“INTRALOT announces Revenue on par (+0.5%),  consolidated EBITDA contraction (-6.6% y-o-y) following  FX turmoil in key markets, and stable organic EBITDA y-o-y for 9M18”

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 November 26 th , 2018
 INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and
 operations leader, announces its financial results for the nine-month period ended September 30 th ,
 2018, prepared in accordance with IFRS.
 OVERVIEW
 PRESS RELEASE
 
  Revenue and EBITDA growth of +10.3% and +9.3% year over year respectively on a constant
 currency basis.
  Group Revenues at similar levels in 9M18, compared to 9M17 (+0.5%).
  EBITDA in the nine-month period lower by 6.6% year over year.
  EBITDA margins on sales and on GGR contracted by 1.1pps (at 14.4%) and 1.5pps (at
 28.6%), respectively.
  EBT concluded to €46.3m higher by 85.2% vs. 9M17. EBT margin developed to 5.8%
 (+2.7pps vs. 9M17).
  NIATMI (Net Income After Tax and Minority Interest) from continuing operations improved by
 €11.7m vs. last year, developing to €-11.0m.
  Operating Cash Flow in 9M18 below last year by €-60.2m.
  Net Debt stood at €598.5m, up €87.8m compared to December 31 st 2017.
  On September 5 th , 2018, INTRALOT announced the signing of a 10-year contract with the
 German State Lottery “LOTTO Hamburg GmbH” for the provision of a new Lottery System
 Platform based on LotosX.
  On October 10 th INTRALOT announced a 10-year contract with the Croatian State Lottery
 “Hrvatska Lutrija” for the implementation of the new integrated LotosX ecosystem and the
 provision of operational support.
  In late October 2018, INTRALOT signed a 2-year contract extension with the New Mexico
 Lottery along with the green light to be the provider of the New Mexico Sports Lottery Game
 available through the Lottery’s entire retail network.
  On November 21 st , 2018, Inteltek, the business partnership of Turkcell and Intralot, capitalizing
 on 15 years of successful operation of the iddaa game, announced its plans for the creation of
 a global research and software development center in the area of mobile games in Turkey.