Intralot fends off bond risk with €135m in new shares
Despite return to net profit in Q3, the company's earnings report highlights the risk of being unable to meet 2024 bond obligations.
By Nick Brown
Despite return to net profit in Q3, the company's earnings report highlights the risk of being unable to meet 2024 bond obligations.
By Nick Brown
Greek gaming and lotteries giant Intralot has seen its net loss from continuing operations grow to €111.9m in 2019, after what the business described as a “transition year” in which group turnover and gross revenue both fell.
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