INTRALOT CONTINUES ITS SUCESSFUL INTERNATIONAL EXPANSION
SIGNIFICANT 10 - YEAR BACK-LOG OF NEARLY €14 BILLION
"The INTRALOT Group has successfully continued during 2009 its successful business strategy, while at the same time it has strengthened its position in most of the jurisdictions, where it operates. Always focusing on its international operations, INTRALOT Group during 2009 and the 1st semester of 2010, signed 15 new agreements in the US, Latin America, Europe, Africa and Asia and it proceeded with two strategic acquisitions, the Silicon Valley-based interactive gaming developer CyberArts and the Jamaican gaming operator SVL", said Mr. Constantinos Antonopoulos, CEO of INTRALOT Group, during the Company's Annual Shareholders' Meeting that took place today in Athens, Greece.
"We are optimistic for the Company's financial course, since we have an increasing 10 - year back-log of projects in the Company's portfolio reaching €13.7 billion in 2009, in comparison with €5,76 billion in 2006, an increase of 2.5 times (€8 billion), noted Mr. Antonopoulos. Additionally, he pointed out that INTRALOT Group supports the Greek society through its growth and its international activities, and its social product during the decade 2000-2009 has exceeded €1 billion.
"The Gaming industry is now entering a new era, as many developments are taking place worldwide that will shape the industry's future, especially due to the Governments' strategy to raise their proceeds from gaming. INTRALOT is monitoring these developments and is ready to exploit the opportunities that match the Company's international strategy" stated Mr. Antonopoulos.
In 2009 the Group's Revenues reached €903.6 million. Moreover, the Shareholders' Annual General Meeting approved the distribution of a total dividend of €0.15 per share, a 5.7% dividend yield based on Tuesday's closing price.