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South American revenue growth boosts Codere in second quarter

1st September 2015 8:12 am GMT

Spanish gaming operator Codere has posted a 25 per cent increase in revenue to €408.8m for the second quarter of 2015, following strong results in Argentina, Mexico and Panama.

The company benefiting in particular from the appreciation of the Argentinian and Mexican peso against the Euro, with revenue growing by 17 per cent on a constant currency basis.

Q2 and H1 Revenue Comparison (€)

Argentina represented 41 per cent of total revenue during the quarter, up 53 per cent [...]

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