Intralot news
alcune informazioni che ho potuto trovare sulla società INTRALOT. Trovo che questa analisi di una società di gestione Francese sia un po 'troppo pessimista ma è vero che la situazione finanziaria non è molto favorevole (in allegato, il rapporto finanziario della società da gennaio a settembre 2019).
« Per Intralot (XS1405774727), è abbastanza improbabile che l'obbligazione 2021 venga rimborsata alla pari. L'emittente si trova in una situazione molto delicata e sta acquistando obbligazioni con scadenza 2024 anziché il 2021, il che dimostra che non intende rimborsarle interamente, ma probabilmente propone una ristrutturazione ai propri possessori. Probabilmente sta cercando di ridurre il debito il più possibile prima della ristrutturazione, motivo per cui sta acquistando le obbligazioni più economiche. Ciò non significa che queste obbligazioni non saranno più quotate nei prossimi mesi se l'offerta viene considerata generosa, ma il cliente deve abbandonare l'idea di recuperare i suoi soldi se li pagasse alla pari.»
Intralot 1H Earnings Fall 16% Impacted by Costs 2019-08-30 15:58:26.303 GMT
(Bloomberg) -- Greek lottery firm Intralot reported an EU11.1m drop in earnings for the first six months as gross
gaming revenue decreased, the company said in a statement on Friday.
* 1H Ebitda EU58.7m vs. EU69.8m a year earlier
* Net debt rose to EU652m from EU573m
* Free cash flow increased to EU15.8m vs. 11.3m a year earlier
* Intralot’s 6.75% unsecured notes due in September 2021 were quoted at about 71 cents on the euro, according to data compiled
by Bloomberg
Intralot Bonds Tumble as Full-Year Revenue, Ebitda Weaken 2019-04-16 11:33:17.698 GMT
(Bloomberg) -- Intralot 09/21 notes decline 5.8 points to 74.6 bid, according to CBBT prices at 12:20pm London time. On
Monday the company reported a net loss for 2018, as well as a 22.8% year-on-year decline in Ebitda.
* Group net loss after minority interests amounted to EU58.5m from loss of EU63.8m in 2017; revenue fell 6.4% to EU870.8m from
EU930.6m in 2017
* NOTE: Earlier, Intralot Shares Drop as Much as 10% on Athens Stock Exchange
* NOTE: April 15, Intralot 2018 Ebitda Falls 22.8% to EU116.5m
Intralot Bonds Tumble to New Lows After ‘Disappointing’ Results
2019-06-03 10:36:06.164 GMT
(Bloomberg) -- Intralot notes fall to their lowest level since pricing in 2016 after posting “weak” 1Q earnings.
* Bonds maturing in September 2021 bonds slide 6.4 cents on the euro to 60 cents, according to pricing source BGN
** Its September 2024 notes also fall 4 cents on the euro to around 40 cents
* Group sales fell 8.5% from a year earlier to EU192.7m in the three months to March 31, according to an earnings statement
** Gross profit fell 15% to EU39.8m
** Ebitda down 14.7% to EU31.8m
* “The results were weak, and more crucially cash-flow
performance was disappointing,” Lucror analysts wrote in a note
to clients
** Co. must arrest its cash burn and stabilize the business
profile; could be done through refinancing the RCF: Lucror
alcune informazioni che ho potuto trovare sulla società INTRALOT. Trovo che questa analisi di una società di gestione Francese sia un po 'troppo pessimista ma è vero che la situazione finanziaria non è molto favorevole (in allegato, il rapporto finanziario della società da gennaio a settembre 2019).
« Per Intralot (XS1405774727), è abbastanza improbabile che l'obbligazione 2021 venga rimborsata alla pari. L'emittente si trova in una situazione molto delicata e sta acquistando obbligazioni con scadenza 2024 anziché il 2021, il che dimostra che non intende rimborsarle interamente, ma probabilmente propone una ristrutturazione ai propri possessori. Probabilmente sta cercando di ridurre il debito il più possibile prima della ristrutturazione, motivo per cui sta acquistando le obbligazioni più economiche. Ciò non significa che queste obbligazioni non saranno più quotate nei prossimi mesi se l'offerta viene considerata generosa, ma il cliente deve abbandonare l'idea di recuperare i suoi soldi se li pagasse alla pari.»
Intralot 1H Earnings Fall 16% Impacted by Costs 2019-08-30 15:58:26.303 GMT
(Bloomberg) -- Greek lottery firm Intralot reported an EU11.1m drop in earnings for the first six months as gross
gaming revenue decreased, the company said in a statement on Friday.
* 1H Ebitda EU58.7m vs. EU69.8m a year earlier
* Net debt rose to EU652m from EU573m
* Free cash flow increased to EU15.8m vs. 11.3m a year earlier
* Intralot’s 6.75% unsecured notes due in September 2021 were quoted at about 71 cents on the euro, according to data compiled
by Bloomberg
Intralot Bonds Tumble as Full-Year Revenue, Ebitda Weaken 2019-04-16 11:33:17.698 GMT
(Bloomberg) -- Intralot 09/21 notes decline 5.8 points to 74.6 bid, according to CBBT prices at 12:20pm London time. On
Monday the company reported a net loss for 2018, as well as a 22.8% year-on-year decline in Ebitda.
* Group net loss after minority interests amounted to EU58.5m from loss of EU63.8m in 2017; revenue fell 6.4% to EU870.8m from
EU930.6m in 2017
* NOTE: Earlier, Intralot Shares Drop as Much as 10% on Athens Stock Exchange
* NOTE: April 15, Intralot 2018 Ebitda Falls 22.8% to EU116.5m
Intralot Bonds Tumble to New Lows After ‘Disappointing’ Results
2019-06-03 10:36:06.164 GMT
(Bloomberg) -- Intralot notes fall to their lowest level since pricing in 2016 after posting “weak” 1Q earnings.
* Bonds maturing in September 2021 bonds slide 6.4 cents on the euro to 60 cents, according to pricing source BGN
** Its September 2024 notes also fall 4 cents on the euro to around 40 cents
* Group sales fell 8.5% from a year earlier to EU192.7m in the three months to March 31, according to an earnings statement
** Gross profit fell 15% to EU39.8m
** Ebitda down 14.7% to EU31.8m
* “The results were weak, and more crucially cash-flow
performance was disappointing,” Lucror analysts wrote in a note
to clients
** Co. must arrest its cash burn and stabilize the business
profile; could be done through refinancing the RCF: Lucror
