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Pollard Banknote shares slump after tough third quarter

12th November 2021 10:30 am GMT

Toronto-listed lottery supplier Pollard Banknote has reported a 6 per cent increase in total revenue to CAD$126.7m for the third quarter of 2021, after including its share of the NeoPollard Interactive (NPI) joint venture.

Consolidated revenue rose marginally year-on-year by 0.2 per cent to $116.9m in Q3, with the comparable period last year benefiting from a “very large” sale in its licensed products operations, which was not replicated in 2021.

Revenue was also negatively impacted by lower [...]

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