Publishing its financial results for the six-month period to June 30, Intralot has reported a 10.9 per cent climb in profits (EBITDA) year on year, boosted by a Q2 leap of 17.1 per cent.

Profit up at Intralot

Group revenues were up 13.3 per cent in the second quarter, compared with the same period in 2015, lifting H1 revenues to 2.9 per cent.

The first half of 2016 saw Intralot complete a number of strategically significant moves, including merging its Italian activities with Gamenet, the sale of 80 per cent of Intralot de Peru to the Nexus Group and the acquisition of a strategic stake in Bulgaria gaming company, Eurobet.

Intralot Group CEO Antonios Kerastaris said: “The second-quarter results reflect the impact of successful efforts in portfolio re-organisation through a dynamic roadmap of new products and services and the geographical rebalancing of our presence, assisted by completed organisational changes and cost containment.”