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Casinos Austria International posts first H1 profit since 2009

6th September 2016 8:19 am GMT

A successful restructuring drive has helped Casinos Austria International (CAI) post its first net profit in seven years during the first six months of 2016.

The Casinos Austria subsidiary, which operates in 13 countries around the world, saw revenue for the period fall 3.6 per cent to €65.1m, although the company’s profit grew strongly.

CAI saw its operating profit soar compared to a year ago, climbing almost 400 per cent to €19.0m, up from €4.1m in H1 [...]

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