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Cost cutting helps CIRSA boost profit

25th November 2011 10:51 am GMT

Spanish gaming group CIRSA has reported a 5.3 per cent increase in operating profit for the third quarter of 2011, despite revenues remaining virtually unchanged from last year at €1.287bn.

The company attributed the growth in operating profit to the impact of its efficiency drive in its home market of Spain, which it said also benefited from a strong tourist season. Results were also boosted by the launch of VLTs in the Italian market and the [...]

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