www.marketscreener.com/quote/stock/...eptember-2020-31588717/
PR] Evolution released today its Interim Report for January-September 2020.
Third quarter of 2020 (Q3 2019)
Operating revenues increased by 48% to EUR 140.0 million (94.7)
EBITDA increased by 87% to EUR 90.7 million (48.5), corresponding to a margin of 64.8% (51.2)
Profit for the period amounted to EUR 79.4 million (39.8)
Earnings per share amounted to EUR 0.44 (0.22)
January-September 2020 (9M 2019)
Operating revenues increased by 48% to EUR 383.5 million (259.0)
EBITDA increased by 86% to EUR 235.9 million (127.1), corresponding to a margin of 61.5% (48.9)
Profit for the period amounted to EUR 204.0 million (102.9)
Earnings per share amounted to EUR 1.12 (0.57)
Comments from CEO Martin Carlesund:
I'm happy to report strong results for the quarter. Revenue amounted to EUR 140 million, an increase of 48 percent compared with the third quarter of 2019. EBITDA amounted to EUR 91 million with a margin of 64.8 percent. The past quarter has also been a period of exceptionally high activity operationally within Evolution and after the end of the quarter we are live with our first tables in both Pennsylvania, USA and Kaunas, Lithuania. We are still dealing with the limitations imposed by Covid but we are slowly coming back towards pre-Covid levels in number of tables.