German lottery group reports on first quarter 2018

The German online lottery group Zeal Network has reported positive y-o-y growth in the first quarter of 2018, highlighting the following metrics:

* Statutory revenue ujp at Euro 38.7 million (Q1-2017: Euro 23.6 million);

* Sales up 6.4 percent at Euro 72.8 million;

* Earning before interest and tax up at Euro 9.2 million (Q1-2017: Euro 200,000);

* Operating performance up at Euro 39.8 million (Euro 24.1 million) as “:exceptional” prize pay-outs fell to zero in the quarter.