Half Year Report 2011 - Fortuna Entertainment Group EU

2. First Half 2011 Financial Highlights
Financials (EUR thousands) Six months to June 30
2011 2010 % change
Amounts Staked 209,022 191,558 9.1%
of which sports betting 208,246 191,558 8.7%
of which lottery 776 -- n/a
Gross Win 47,857 45,372 5.5%
of which sports betting 47,431 45,372 4.5%
of which lottery 426 -- n/a
Revenues 41,895 39,341 6.5%
of which sports betting 41,469 39,341 5.4%
of which lottery 426 -- n/a
EBITDA 11,890 11,610 2.4%
of which sports betting 12,852 11,610 10.7%
of which lottery (962) -- n/a
Operating Profit 10,396 10,325 0.7%
of which sports betting 11,378 10,325 10.2%
of which lottery (982) -- n/a
Net Profit for the Period from Continuing Operations 8,629 7,235 19.3%
Ratios
EBITDA Margin 28.4% 29.5% (1.1pp)
Operating Profit Margin 24.8% 26.2% (1.4 pp)
Margin of Net Profits for the Year from Continuing
20.6% 18.4% 2.2 pp
Operations
CAPEX as % of Revenues 3.6% 4.0% (0.4 pp)
Operations
No. of Points of Sales 1,432 1,311 9.2%
Number of Employees – EOP 2,629 2,736 (3.9%)
CAPEX 1,678 1,577 6.4%
As at 30 June
2011
As at 31 Dec
2010
No. of Shares EOP 52,000,000 52,000,000 0%
Total Assets 87,122 95,804 (9.1%)
Total Equity 46,061 52,007 (11.4%)
Total Borrowings 28,240 29,136 (3.1%)
Net Debt/ (Net Cash) 14,728 3,801 287.5%
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