Intralot has released its 1H financial results for the six-month period ending June 30, 2023.
While group revenue stands at €175.3m, down 14.4 per cent year on year, EBITDA was €62.8m, up 14 per cent year on year. The EBITDA margin reached 35.8 per cent from 26.9 per cent in 1H22.
“INTRALOT’s results for the first half of 2023 show continuing EBITDA growth of 14 per cent and healthy cash flows as the company consistently focuses on higher profit margin activities and lower leverage ratios,” said Intralot’s chairman and CEO Sokratis P Kokkalis.
“These developments allow us greater confidence in refinancing our upcoming maturities with an improved credit profile and address significant opportunities in the US and around the globe.“