Cirsa 2Q17 - Continuing the quest for LatAm, IPO at year-end?
Cirsa, the Spanish gaming company, reported good 2Q17 results as sales and EBITDA each soared 8% to €429m and €106m respectively. All group’s segments were on the rise. Casinos (45% of sales, +8% yoy), which are mainly located in South America (around 60% of EBITDA), have appealed more players than last year thanks to some venue’s refurbishments and favorable industry’s trends.
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