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As of 4:09 AM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

snai spa (SNA) Snapshot

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04/10/14 - €2.31
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09/24/13 - €0.79
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snai spa (SNA) Details

SNAI S.p.A. provides hardware and software systems for gaming and betting in Italy. The company operates through four segments: Betting Services, Management of Racetracks, Concessions, and Television Services. The Betting Services segment provides electronic services for betting and gaming activities. The Management of Racetracks segment operates racetracks and organizes races. The Concessions segment is involved in the management of horseracing and sports concessions, as well as slot machines, skill games, bingo, and casino games. The Television Services segment broadcasts horse races. The company was founded in 1990 and is based in Porcari, Italy. SNAI S.p.A. is a subsidiary of Global Games S.p.A.

571 Employees
Last Reported Date: 04/9/14
Founded in 1990

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snai spa (SNA) Key Developments

Snai S.P.A. Reports Consolidated and Parent Earnings Results for the First Half Ended June 30, 2014

Snai S.p.A. reported consolidated and parent earnings results for the first half ended June 30, 2014. For the period, on consolidated basis, the company reported revenues from sales and services of EUR 263.298 million compared to EUR 252.300 million a year ago mainly on account of the combined effect of the increase in the revenues deriving from the VLTs and the introduction of betting on virtual events, partially offset by the decrease in revenues from sports bets, horse racing bets and those deriving from AWPs. Profit before amortisation, depreciation, write-downs financial income and expenses, taxes was EUR 53.077 million compared to EUR 44.233 million a year ago. Loss before taxes was EUR 7.296 million compared to EUR 1.273 million a year ago. The lower result compared to last year is mainly due to the higher depreciation and amortization expense and the higher burden represented by financial expenses. Loss for the period pertaining to the group was EUR 6.972 million compared to EUR 4.271 million a year ago. Basic and diluted loss per share was EUR 0.06 compared to EUR 0.04 a year ago. Cash flow from operations was EUR 25.334 million compared to EUR 41.562 million a year ago. Investments in property, plant and equipment were EUR 4.059 million compared to EUR 10.546 million a year ago. Investments in intangible assets were EUR 2.212 million compared to EUR 1.822 million a year ago. EBITDA was EUR 54.8 million compared to EUR 49.1 million a year ago. Adjusted EBITDA was EUR 56.8 million compared to EUR 52.6 million a year ago. EBIT was EUR 23.3 million compared to EUR 18.1 million a year ago. Net financial indebtedness as at 30 June 2014 was EUR 423.3 million, as compared to EUR 443.4 million at the end of 2013. Compared to 31 December 2013, net financial indebtedness decreased by EUR 20.1 million. The decrease is mainly due to the good performance of ordinary operations and the benefits generated by the extended payment of the single tax for the first half of 2014. For the period, on parent basis, the company reported total income of EUR 0.929 million compared to EUR 2.215 million a year ago.

Snai S.p.A., Q2 2014 Earnings Call, Aug 01, 2014

Snai S.p.A., Q2 2014 Earnings Call, Aug 01, 2014

Snai S.p.A. Presents at European Midcap Event "Spring", Jun-26-2014

Snai S.p.A. Presents at European Midcap Event "Spring", Jun-26-2014 . Venue: Paris, France.


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