CODERE News
icon-newsletter

Last News Added

Read CODERE News
CODERE Images
icon-images

Corporate, events and press kit images

Go to CODERE Images
CODERE Videos
icon-video

Videos added to Youtube channel

Go to CODERE Videos

Key Figures

Financial Indicators

Codere is a company with a firm commitment to growth. Since it was founded, in 1980, returns, turnover, diversification, products development and the human team have all evolved positive.

Codere´s main financial figures over recent years show sustained growth in both turnover and profit.


Financial Key Figures

Million euros 2010 2011 2012 2013 (*) 2014 (*) 2015 (*) 2016 2017 2018 2019 2020 (**)
Revenue 1,127 1,374 1,664 1,521 1,386 1,439 1,527 1,638 1,476 1,389 594.6
EBITDA 241 290 287 211 213 252 262 274 282.9 249.1 22.5
EBIT 143,8 161 63 (5) 71 124 98 131 96.9 82.1 (204.0)
Operating margin 12.8% 11.7% 3.8% n.a. 5.1% 8.64% 6.44% 8% 6.5% 5.9% (n.a)
EBITDA margin 21.4% 21.1% 17.3% 13.9% 15.5% 17.50% 17.19% 16.7% 19.2% 17.9% 3.8%

In the table has been excluded Italian direct AWP machine operations.

 
 (*) Figures reported under the equity method and excluding non-recurring items resulting from the restructuring and expense associated with the agreement of the Corte dei Conti
 
 (**) Figures are post the application of IFRS-16

Operative key figures

  2010 2011 2012 2013 (**) 2014 (**) 2015 (**) 2016 (***) 2017 2018 2019 2020
Gaming machines 53,572 57,000 56,474 54,010 52,172 53,596 55,060 56,548 57,130 56,886 23,074
Bingo halls 129 - - - - - - - - - -
Casinos 13 - - - - - - - - - -
Gaming Halls   190* 186* 179 176 183 144 149 148 149 79
Horse Racetracks 3 3 3 4 2 2 4 4 4 4 1
Betting shops 597 798 1,379 1,568 1,709 1,805 3,984 5,581 7,659 8,592 6,825
Online Game - 1 1 1 2   3 4      

(*) PAN Betting shops do not include the 41 horseracing betting associated agencies.

(**) COL Data include only gaming halls holding more than 50 gaming machines.

(***) URU Data reflect Carrasco Nobile and HRU operating income.