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Revenue Drop Impacts Intralot’s 2009 Profit

1st April 2010 8:00 am GMT

Following a significant drop in consolidated revenues during the year, Greece's Intralot S.A has reported a 26% fall in net profit to €77.4 million for the year ended December 31st 2009, despite the company reducing both cost of sales and total operating expenses during the period.

Intralot said that it managed to deliver "satisfactory results" during 2009 despite the negative impact of the economic downturn on its operations and currency devaluations in many countries where it [...]

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