Intralot SA Reveal Stable 2020 Financial Accounts -INTRALOT Announces Full Year 2020 Financial Results and Conference Call Invitation Monday, May 10, 2021

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INTRALOT Conference Call Invitation Monday, May 10, 2021 

CONFERENCE CALL DETAILS Date: Monday, May 10th, 2021 Time: Greek time 17:00 - UK time 15:00 - CEST 16:00 - USA time 10:00 (East Coast Line)

Conference Phone GR + 30 211 180 2000 Conference Phone GR + 30 213 009 6000 Conference Phone GB + 44 (0) 203 059 5872 Conference Phone GB + 44 (0) 800 368 1063 Conference Phone US + 1 516 447 5632

We recommend that you call any of the above numbers 5 to 10 minutes before the conference call is scheduled to start.

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Global Pre-Registration Link

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“INTRALOT announces Full Year 2020 Financial Results” May 5 th, 2021 INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the twelve-month period ended December 31 st , 2020, prepared in accordance with IFRS.

(17:00 Athens Time) Full Year 2020 Financial Results Publication of the Financial Results on Wednesday, May 5, 2021 (after the closing of the Athens Stock Exchange trading session)    CLICK HERE TO READ 

Sokratis Kokkalis, Chairman & CEO, Chrysostomos Sfatos, Deputy Group CEO, Nikolaos Nikolakopoulos, Deputy Group CEO, Fotis Konstantellos, Deputy Group CEO, Andreas Chrysos, Group CFO, Nikolaos Pavlakis, Group Tax & Accounting Director, and Michail Tsagalakis, Capital Markets Director, will address INTRALOT’s analysts and institutional investors to present the Company’s Full Year 2020 results, as well as to discuss the latest developments at the Company.

The financial results will be released on the ATHEX website (www.helex.gr), and will be posted on the company’s website (www.intralot.com) on Wednesday, May 5, 2021 (after the closing of the ATHEX trading session).

AGENDA: Brief Presentation - Question and Answer Session

CONFERENCE CALL DETAILS Date: Monday, May 10th, 2021 Time: Greek time 17:00 - UK time 15:00 - CEST 16:00 - USA time 10:00 (East Coast Line)

INTRALOT Chairman & CEO Sokratis P. Kokkalis noted:

“During the financial year 2020 we faced the adverse effects and disruptions of the COVID-19 pandemic, which had significant impact on the Lottery and Sports Betting industries. This impact was only partially offset by mitigation measures, operational improvements, and cost-containment efforts. We remained focused on developed markets seeing significant growth in the US in the Lottery operations and we launched two new Sports Betting operations in Montana and Washington D.C., while we renewed significant contracts in Georgia, US as well as New Zealand, Australia and The Netherlands. The Company management also dedicated significant effort in negotiations with the bondholders to optimize the Capital Structure through a transaction that is expected to be completed during the first half of 2021.”  Read entire report

OVERVIEW

Group Revenue at €364.8m in FY20. EBITDA in FY20 at €66.2m, while Adjusted EBITDA at €55.8m.

NIATMI (Net Income After Tax and Minority Interest) from continuing operations at €-104.1m.

North America operations, under Intralot Inc., achieved significant y-o-y growth (Revenue +22.3%, EBITDA +62.1%).

Group OPEX in FY20 is better by 21.5% y-o-y, with Greek entities OPEX lower by 7.0% y-o-y, without taking into consideration the capital structure optimization expenses.

Group Net CAPEX in FY20 was €36.0m, lower by 34.5% compared to a year ago. Group Cash at the end of FY20 at €100.0m.

Net Debt at €651.1m at the end of FY20.

The Company’s pandemic impact estimation for 2020 is in the vicinity of €25m at Group’s EBITDA level.

In early 2021, INTRALOT completed the sale of its entire stake of 20% in Intralot de Peru SA, with the net cash consideration, after taxes and transaction expenses, amounting to USD 16.2m. In addition, INTRALOT signed a three-year extension of its current contract with Intralot de Peru SA through 2024, to continue to provide its gaming technology and support services.

 

The conference call will be available via webcast in real time over the Internet and you may join by linking at the internet site: https://87399.choruscall.eu/links/intralot20Q4.html DIGITAL PLAYBACK

There will be a digital playback on May 10th , 2021 at 19:00 (GR Time).

This Service will be available until the end of the business day May 17 th , 2021.

Please dial the following numbers and the PIN CODE: 059 # from a touch-tone telephone Digital Playback UK: + 44 (0) 203 059 5874 Digital Playback US: + 1 631 257 0626 Digital Playback GR: + 30 216 070 3400

In case you need further information, please contact INTRALOT, Mr. Antonis Mandilas, at the telephone number: +30 213 0397000 or Chorus Call Hellas S.A., our Teleconferencing Services Provider, Tel. +30 210 9427300.

 

https://www.intralot.com/investor-relations/financial-results/intralot-sa-and-group-consolidated-results/