Intralot’s consolidated revenues increased by 23.5%

EBITDA remained almost at the same levels of 2009 reaching € 152.7 million (US$ 216.36 million) from €154.4 million in 2009 (US$ 218.77 million). EAT-am were shaped at € 36.6 million (US$ 51,86 million) from € 49.8 million (US$ 70,56 million)  in 2009.

In the 4Q 2010, Intralot Group’s consolidated revenues were increased by 42.6% reaching €318.0m (from €223.0m in 2009). EBITDA was shaped at €42.8m (an 82.6% increase compared to the same period in 2009).

Revenues for the parent company increased by 7.8% reaching € 163.5 million (US$ 231 million) EBITDA decreased by 4.9% to € 24.2 million (US$ 34 million) from € 25.5 million (US$ 36 million) in FY09. Earnings After Taxes (EAT) reached € 2.1 million (US$ 2,9 million).

Commenting on FY2010 results Intralot Group CEO, Constantinos Antonopoulos, noted: “Over the past five years Intralot has invested more than € 600 million (US$ 850 million) in new opportunities and projects around the Globe, transforming the Company into a major multinational player in the gaming industry and also strongly diversifying its risk on relying on few large projects.”

“Our main target will be to aim for cash flow generation and cost efficiencies. At the same time we will selectively pursue potential opportunities in the areas of lottery privatizations and regulated opening of markets, among others, and focus on both, their financial performance and returns to investors,” he added.