Lotteries and Gaming provider Intralot has attributed its 15.4 per cent year-on-year revenue growth in the first quarter of 2012 on the successful internationalisation of the business and continuing product innovation.

The company posted consolidated revenues for the first quarter ended March 31st 2012 of €347.2m (US$434.8m), an increase of 15.4 per cent on Q1 2011, with EBITDA rising 6.9 per cent to €41.7m ($52.2m). Earning before taxes fell however, down 6.1 per cent to €15.2m ($19m).

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