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Cirsa posts first quarter growth despite currency exchange impacts

1st June 2018 8:58 am GMT

Spanish gaming operator Cirsa Gaming Corporation has reported a marginal 0.7 per cent increase in operating profit to €106.8m for the first quarter of 2018, despite the negative impact of the devaluation of Latin American currencies against the euro.

Cirsa said that it recorded growth in local currency in all countries where it operates, which helped to mitigate the €16.1m impact from exchange rate fluctuations.

The operator posted operating income of €423.4m for the quarter, in line with [...]

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