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Friday, 29.03.2024, 15:17
Estonian casino operator OEG profit grew in H1
The group’s consolidated sales revenues for the first half of 2014 amounted to EUR 72.0 million, up 7.2% or EUR 4.8 million year-on-year.
Gaming revenues accounted for 94.0% (EUR 67.7 mln) and other revenues for 6.0% (EUR 4.3 mln) of the group’s consolidated sales revenues for the first half of 2014. A year before the revenue split was 93.3% (EUR 62.6 mln) and 6.7% (EUR 4.5 mln), respectively.
The group’s consolidated EBITDA for the first half of 2014 amounted to EUR 16.7 million, a growth of 0.2% from EUR 16.7 million a year before. At the same time, the group’s consolidated operating profit increased EUR 0.2 million (+1.4%) to EUR 12.6 million.
OEG operates in Estonia, Latvia, Lithuania, Poland, Slovakia, Belarus and Italy. As at 30 June 2014, the group employed 2,593 people, up by 32 year-on-year mostly due to expansion in Italy.