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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 20151 2016 2017 2018 2019 20202 2021
Revenues 1.439 1.527 1.638 1.476 1.389,3 594,6 790,7
EBITDA Ad. 252 262 274 282,9 249,1 22,5 99,4
EBIT 124 98 131 96,9 82,1 (204,0) (185)
Operating margin 8,64% 6,44% 8,00% 6,50% 5,9% (n.a) (n.a)
EBITDA margin 17.50% 17.19% 16.7% 19.2% 17.9% 3.8% 12.6%
 
 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

Retail 2015 2016 2017 2018 2019 2020* 2021
Slots Machines 54,427  55,060 56,952 57,130 56,886 57,000 42,642
Bingo Seats 30,312 29,906 30,205 29,537 29,559 30,000 4,216
Bars 10,010 9,954 10,293 9,940 9,345 9,200 8,324
Sports betting machines 3,442 3,984 5,310 7,700 8,592 8,500 7,980
Gaming tables 2,658 2,682 2,652 2,816 2,696 2,298 656
Arcades 594 633 823 1,119 1,162 1,200 1,128
Sports betting shops 144 156 325 602 261 245 190
Gaming halls 144 144 149 148 149 148 140
Racetracks 4 4 4 4 4 4 4
Online              

(*) Activity figures as of March 31, 2020, before the impact of the pandemic. More information in Earnings Results Reports