{"id":3836,"date":"2023-11-29T11:32:57","date_gmt":"2023-11-29T11:32:57","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=3836"},"modified":"2023-11-29T11:32:58","modified_gmt":"2023-11-29T11:32:58","slug":"intralot-maintains-ebitda-resilience-as-leadership-restructures-debt","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/","title":{"rendered":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt"},"content":{"rendered":"\n

Intralot SPA<\/strong> maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance.<\/p>\n\n\n\n

Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at \u20ac280m, down 7% on 2022 comparatives of \u20ac301m.<\/p>\n\n\n\n

The decline in YTD headline revenues reflects the absence of discontinued Malta<\/strong> lottery (B2C) revenues, accounting for a decrease of \u20ac44m. Negative effects were due to the expiration of the company\u2019s license for the Malta Lottery contract in early July 2022.<\/p>\n\n\n\n

Elsewhere, Intralot\u2019s revenue performance continues to be impacted by severe currency fluctuations in Argentina<\/strong>, where the company encountered a \u20ac5.5m decline in revenue results against 2022 FX rates.<\/p>\n\n\n\n

B2C declines were partially offset by Intralot recording continued growth of its Tech Management unit, which tracked a \u20ac16m revenue increase (+77%) in Turkey, servicing the Bilyoner<\/strong> state-affiliated bookmaker contract.<\/p>\n\n\n\n

Despite revenue declines, Intralot\u2019s outlook is strengthened as Earnings Before Taxes (EBT) rose to \u20ac32.1m in 9M23, a notable increase from \u20ac19.4m in 9M22.<\/p>\n\n\n\n

Improved operational earnings see the firm\u2019s Net Income After Tax and Minority Interest (NIATMI) improve significantly, reaching \u20ac9m in 9M23, compared to a loss of \u20ac500,000 in the previous year.<\/p>\n\n\n\n

Period trading was closed by Intralot completing a successful bond raise of \u20ac135m, resulting in new Group Equity of \u20ac49m and a Net Leverage Ratio of 2.4x.<\/p>\n\n\n\n

Intralot Chairman and CEO, Sokratis Kokkalis<\/strong>, said: \u201cOur YTD results demonstrate Intralot\u2019s new strengths in returning to net profits, strong EBITDA growth and cash flow generation, hence fulfilling all the goals we have set out.<\/p>\n\n\n\n

\u201cWe have recently completed an important Share Capital Increase via rights issues of \u20ac135m that attracted wide support, demonstrating that Intralot represents a very attractive investment case. I would like to thank all the investors who participated and trusted our vision and capability to deliver even stronger results in the future.’\u201d<\/p>\n\n\n\n

Don’t forget to subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at \u20ac280m, down 7% on 2022 comparatives of \u20ac301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, […]<\/p>\n","protected":false},"author":6,"featured_media":3837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[21,1,25],"tags":[1173,5972,5970,5973,5968,3235,5967,5971,5974,5969],"class_list":["post-3836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-news","category-technologies","tag-argentina","tag-commercial-performance","tag-corporate-revenues","tag-currency-fluctuations","tag-ebitda-resilience","tag-intralot","tag-malta-lottery","tag-revenue-decline","tag-revenue-increase","tag-tech-management"],"yoast_head":"\nIntralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at \u20ac280m, down 7% on 2022 comparatives of \u20ac301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T11:32:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-29T11:32:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"660\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ana Kobakhidze\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Kobakhidze\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\"},\"author\":{\"name\":\"Ana Kobakhidze\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7\"},\"headline\":\"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt\",\"datePublished\":\"2023-11-29T11:32:57+00:00\",\"dateModified\":\"2023-11-29T11:32:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\"},\"wordCount\":324,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg\",\"keywords\":[\"Argentina\",\"commercial Performance\",\"corporate Revenues\",\"currency Fluctuations\",\"EBITDA resilience\",\"Intralot\",\"Malta Lottery\",\"revenue Decline\",\"revenue Increase\",\"Tech Management\"],\"articleSection\":[\"Features\",\"News\",\"Technologies\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\",\"name\":\"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg\",\"datePublished\":\"2023-11-29T11:32:57+00:00\",\"dateModified\":\"2023-11-29T11:32:58+00:00\",\"author\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage\",\"url\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg\",\"contentUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg\",\"width\":660,\"height\":330},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sbceurasia.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\",\"url\":\"https:\/\/sbceurasia.com\/en\/\",\"name\":\"SBC EURASIA EN\",\"description\":\"SBC EURASIA\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sbceurasia.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7\",\"name\":\"Ana Kobakhidze\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/de1bcdebf9170fcbf2a73110f63eb70750628be2119912115fb952562818bd4d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/de1bcdebf9170fcbf2a73110f63eb70750628be2119912115fb952562818bd4d?s=96&d=mm&r=g\",\"caption\":\"Ana Kobakhidze\"},\"url\":\"https:\/\/sbceurasia.com\/en\/author\/ana\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/","og_locale":"en_GB","og_type":"article","og_title":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN","og_description":"Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at \u20ac280m, down 7% on 2022 comparatives of \u20ac301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, […]","og_url":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/","og_site_name":"SBC EURASIA EN","article_published_time":"2023-11-29T11:32:57+00:00","article_modified_time":"2023-11-29T11:32:58+00:00","og_image":[{"width":660,"height":330,"url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg","type":"image\/jpeg"}],"author":"Ana Kobakhidze","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ana Kobakhidze","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#article","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/"},"author":{"name":"Ana Kobakhidze","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7"},"headline":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt","datePublished":"2023-11-29T11:32:57+00:00","dateModified":"2023-11-29T11:32:58+00:00","mainEntityOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/"},"wordCount":324,"commentCount":0,"image":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg","keywords":["Argentina","commercial Performance","corporate Revenues","currency Fluctuations","EBITDA resilience","Intralot","Malta Lottery","revenue Decline","revenue Increase","Tech Management"],"articleSection":["Features","News","Technologies"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/","url":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/","name":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt - SBC EURASIA EN","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage"},"image":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg","datePublished":"2023-11-29T11:32:57+00:00","dateModified":"2023-11-29T11:32:58+00:00","author":{"@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7"},"breadcrumb":{"@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#primaryimage","url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg","contentUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2023\/11\/Screenshot-2023-08-31-at-17.22.04-660x330-1.jpg","width":660,"height":330},{"@type":"BreadcrumbList","@id":"https:\/\/sbceurasia.com\/en\/2023\/11\/29\/intralot-maintains-ebitda-resilience-as-leadership-restructures-debt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sbceurasia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Intralot Maintains \u2018EBITDA resilience\u2019 as Leadership Restructures Debt"}]},{"@type":"WebSite","@id":"https:\/\/sbceurasia.com\/en\/#website","url":"https:\/\/sbceurasia.com\/en\/","name":"SBC EURASIA EN","description":"SBC EURASIA","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sbceurasia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7","name":"Ana Kobakhidze","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/de1bcdebf9170fcbf2a73110f63eb70750628be2119912115fb952562818bd4d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/de1bcdebf9170fcbf2a73110f63eb70750628be2119912115fb952562818bd4d?s=96&d=mm&r=g","caption":"Ana Kobakhidze"},"url":"https:\/\/sbceurasia.com\/en\/author\/ana\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/3836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/comments?post=3836"}],"version-history":[{"count":1,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/3836\/revisions"}],"predecessor-version":[{"id":3838,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/3836\/revisions\/3838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media\/3837"}],"wp:attachment":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media?parent=3836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/categories?post=3836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/tags?post=3836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}