Despite falling revenues during the year, Spanish gaming group Codere S.A has reported a net profit of €19.1 million for 2009 compared to a loss of €10.6 million in the previous year, as a result of its cost reduction programme.
Revenues fell by 8% year-on-year to €967.9 million following a 17% decline in revenues in Mexico, a 15% fall in Spain and a marginal decline in Argentina.
In Argentina revenues fell by 0.2% to €351.9 million on [...]
