OEG: consolidated unaudited results for Q1 2018
Posted on 24.05.2018
Key performance indicators of the Group
Key developments of the Group during Q1 of 2018:
Key developments after the balance sheet date:
The Group’s consolidated total revenue before gaming taxes by segments:
Number of casinos by segment:
Overview by markets
At the end of March 2018, there were 24 Olympic casinos with 988 slot machines, 37 electronic roulette terminals, 24 gaming tables and 24 poker tournament tables operating in Estonia. As at 31 March 2018 Estonian operations employed 738 people.
At the end of March 2018, there were 53 Olympic casinos with 1,457 slot machines, 8 electronic roulette terminals, 24 gaming tables and 9 poker tournament tables operating in Latvia. As at 31 March 2018 Latvian operations employed 922 people.
At the end of March 2018, there were 17 Olympic casinos with 507 slot machines, 8 electronic roulette terminals, 53 gaming tables and 2 poker tournament tables and 25 betting shops operating in Lithuania. As at 31 March 2018 Lithuanian operations employed 742 people.
At the end of March 2018, there were 6 Olympic casinos with 251 slot machines, 30 electronic roulette terminals, 39 gaming tables and 18 poker tournament tables operating in Slovakia. As at 31 March 2018 Slovak operations employed 332 people.
At the end of March 2018, there were 14 VLT slot casinos with 523 slot machines operating in Italy. As at 31 March 2018 Italian operations employed 87 people.
At the end of March 2018, there was 1 casino with 285 slot machines, 18 electronic roulette terminals, 21 gaming tables and 10 poker tournament tables operating in Malta. As at 31 March 2018 Maltese operations employed 210 people.
Current assets totalled EUR 72.0 million or 40.9% of total assets, and non-current assets EUR 104.2 million or 59.1% of total assets. The liabilities amounted to EUR 23.5 million and equity to EUR 152.7 million. The largest liabilities included suppliers payables and advances (7.5 m€), tax liabilities (6.1 m€) and payables to employees (6.0 m€).
Within Q1 of 2018, total personnel expenses amounted to EUR 14.0 million (+0.5 m€, +3.9%). For Q1 of 2018, the members of the Management Board and Supervisory Board of all Group entities were paid remuneration and benefits including social security taxes in the amount of EUR 316 thousand (EUR 270 thousand for Q1 of 2017) and EUR 37 thousand (EUR 37 thousand for Q1 of 2017), respectively.
Consolidated statement of financial position
Consolidated statement of comprehensive income
* euro cents