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Stock market, Lottomatica flies after 2012 accounts

The shares of Lottomatica shine in Piazza Affari, which yesterday released the preliminary results for 2012: revenues at three billion (+3,4%) and Ebitda at 1,03 billion (+6,3%) – Debt is improving , down from 2,74 to 2,55 billion.

Stock market, Lottomatica flies after 2012 accounts

Sunny day in Piazza Affari for the Lottomatica stock, which in mid-morning jumped by almost two points, among the best rises of the Ftse Mib. The wave of purchases can be explained by the latest data arriving from the gaming giant, which yesterday evening after the markets were closed communicated the consolidated preliminary results for 2012. Numbers equal to or higher than the targets. 

Lottomatica closed last year with revenues to 3,08 billion euros, an increase of 3,4% compared to 2,97 billion in 2011. TheEbitda it stood at 1,03 billion, marking an increase of 6,3% on an annual basis (970 million in 2011). The increase "was supported by the higher revenues recorded by the subsidiaries Gtech and Spielo International - explains the company -, by the cost containment actions implemented in Italy and by the favorable trend in exchange rates". 

As for the investments, last year they reached 256 million euros, down from the 345 million of 2011 (some investments planned for 2012 have been postponed to 2013). As of December 31, 2012, the net financial position of the group amounted to 2,55 billion, against 2,74 billion at the end of 2011.  

I definitive results they will be approved on March 12, when the 2013 guidance will also be examined.

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