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Partouche slashes debt as turnover grows in first half

25th June 2015 8:04 am GMT

French casino operator Groupe Partouche has cut net debt by nearly a third during the first half of its financial year ended April 30th, due to the divestment of a number of its casino properties.

The operator, which has struggled with spiralling debt in recent years, cut net debt by 31 per cent to €105.7m, down from €153.7m in the comparable period last year.

It follows a solid performance by the company during the [...]

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