International edition
September 30, 2020

A 14% more than in 2006

Cirsa obtained an operating benefit of 45 million euros in the first quarter

(Spain).- Cirsa Business Corporation has obtained an Ebitda (gross benefit of operation) of 45 million euros in the first quarter of the year, a 14% more than in the same period last year.

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ccording to a press release of the company, in the first quarter of the year the group obtained an income volume of 426 million euros, which supposes a 4% increment compared to the first quarter last year.

Cirsa plans an investment of 75 million euros, with the aim to “mantain a sustained level of growth in the markets they target: Spain, Italy and Latin America”.

With regards to the recent association of Cirsa and the UK firm Ladbrokes, which will operate under Sportium brand, this company indicated that it is waiting for an authorization of a license of the autonomous council of Madrid and another license to be granted by the Vasque government, which has to choose among three licenses through a tender process

In Argentina, last week Cirsa signed an agreement with Casino Club for the management and development of the business activity in casinos in Buenos Aires and Rosario.

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