OPAP’s revenues (GGR) in H1
2022 increased by 57.7% y-o-y
reaching €899.3m (H1 2021:
€570.1m) with retail estate fully
operational throughout the first half
of 2022.
Q2 2022 stood higher by 11.7% yo-y to €442.1m due to strong retail
rebound, compared to lockdown
restricting trading in Q2’21,
alongside solid online contribution.
Gross Profit from gaming
operations in H1 2022 stood at
€370.2m compared to €225.1m in
H1 2021 higher by 64.5% as a
result of top line growth and higher
margins. Q2 2022 Gross Profit
increased by 12.0% y-o-y reaching
€181.2m vs €161.7m in Q2 2021.
EBITDA in H1 2022 stood at €335.7m versus €204.8m in H1 2021 higher by 63.9% or 80.5% l-fl. Q2 2022 EBITDA reached €166.9m versus €143.5m in Q2 2021, up by 16.3% or 19.2% on a l-f-l basis, reflecting increased revenue generation and improved margins due to opex cost containment.
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