Sazka Group reports 200% GGR leap for Q2 2021
Pan-European operator posts EBITDA and profit growth as Covid-19 restrictions ease
Sazka Group has posted a 200% year-on-year (YoY) increase in gross gaming revenue (GGR) for Q2 2021 as the impact of Covid-19 on operations began to trail off.
The operator recorded a Q2 GGR of €740.1m, up from €246.6m in Q2 2020, with the group’s Greek and Cypriot operations accounting for the lion’s share of the total.
Sazka Group brands in Greece and Cyprus delivered €395.8m in GGR in Q2 2021, rising 120% from last year when they delivered just €179.6m due in part to Covid-19 restrictions.
The group’s Austrian and Italian operations accounted for €243m and €134.3m in GGR respectively, while its Czech arm returned €101.3m.
Elsewhere, Sazka Group recorded a 343% leap in EBITDA, up from €195.5m in Q2 2020 to €397.1m in Q2 2021.
The operator also posted a post-tax profit increase of 322% to €177.1m in Q2 2021.
Robert Chvátal, Sazka Group CEO, said: “The second quarter of 2021 has yet again showed that we are well positioned thanks to our diverse range of products, sales channels and geographical exposure, our rapidly expanding online business, our high margins and the strong cashflow generation of our business.
“Overall, I am very pleased with Sazka Group’s continuing strong performance in Q2 2021. I look forward to a great year as our strong trading momentum persists, our impacted businesses in Greece and Austria return to normal conditions, and we continue to make progress on our strategic objectives,” he added.