Intralot retain Morocco
All,
Intralot have been awarded the Maroc extension. Morocco contributed E8m of EBITDA (100% owned) to Intralot in 2018. Commercial details of the new contract are not known yet, but retaining this last Management contract after having dropped Inteltek was key for the company.
There is no change to the model as a result as the renewal was (still) the base case.
Clearly this provides a positive backdrop to tomorrow’s call.
Wolfgang