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Currency exchange gains boost Codere’s bottom line

16th November 2011 1:43 pm GMT

Spanish gaming group Codere S.A has reported a net profit of €27.0 m for the nine month period ended September 30th, an increase of 92 per cent year-on-year, following a strong performance in the third quarter which benefited from a €7.1m currency exchange gain.

Revenues for the nine month period increased by 21 per cent to €989.3m following growth in the company’s key markets such as Argentina, Mexico and Italy, which offset continued woes in Spain.

In [...]

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