Radar > 240037

Estoril Sol profit grows 228% in 1S16

Lucro do Estoril Sol cresce 228% no 1º Semestre de 2016

Intel ID : 240037
Synopsis

Estoril Sol (Euronext Lisbon: ESO), a Lisbon-based tourism and real estate services company, recorded profits of EUR 2.5m in 1S16, representing a 228% increase, compared with EUR 0.779m obtained in 1S15, reported a company release on 29 August 2016.

According to the company, the obtained result is due to the favorable combination of the positive evolution of gaming revenue, the substantial reduction of incurred financial charges and maintaining the remaining structure of Estoril Sol group operating costs.

The company recently entered the games of chance industry (see related intel).
(content in portuguese)

Estoril Sol (Euronext Lisboa:ESO), empresa com sede em Lisboa que se dedica à prestação de serviços de turismo e exploração imobiliária, registou lucros de EUR 2,5m no 1º Semestre de 2016, o que representa um aumento de 228% em comparação com os EUR 0,779m obtidos no 1º Semestre de 2015, segundo publicou a empresa em Comunicado no dia 29 de agosto de 2016.

Segundo a empresa o resultado obtido deve-se à combinação favorável da evolução positiva das receitas de jogo, da redução substancial dos encargos financeiros suportados e da manutenção da restante estrutura de custos operacionais do grupo Estoril Sol.

A empresa, recentemente entrou no segmento de jogos de fortuna e azar (ver Intel relacionado).

Relevant Documents

Target


Intel ID 240037
Value ND
Native Currency Euro (EUR)
Financial Data - Estoril Sol
(31 Dec 2022)
Revenue: EUR 214,73m
EBITDA: EUR 46,54m
People: 925
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Real Estate and Construction / Real Estate
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

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Website
Description

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Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.