Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Athens Stock Exchange  >  Greek Organisation of Football Prognostics SA    OPAP   GRS419003009

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Greek Organisation of Football Prognostics : Lottery operator Sazka Group considers London share listing

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 03:59pm CEST

PRAGUE (Reuters) - Czech-based lottery and gaming operator Sazka Group said it is looking at an initial public offering in London to help fund growth in Europe.

The group, owned by Czech investors Karel Komarek's KKCG group and Jiri Smejc's EMMA Capital, has become one of Europe's biggest betting operators after acquisitions in recent years.

The group said on Friday it had hired Citigroup, J.P. Morgan Cazenove and Morgan Stanley as joint global coordinators but has not made a final decision on an IPO.

"We are evaluating several options to support our growth, including an initial public offering," Chief Executive Robert Chvatal said in a statement.

Sazka group companies take in bets worth over 16 billion euros ($18.6 billion) annually, the group said, with 62,000 sales points. As well as the Czech Republic, the group operates in Austria, Cyprus and Italy and said it aims to enter new markets in Europe.

"We believe in future growth via product innovations, customer experience in online as well as, when available, via further geographical expansion," Chvatal said.

Sazka Group did not give any details on a timeframe for a potential IPO.

It has a 72 percent stake in a fund that has a controlling 33 percent stake in Greek betting firm OPAP (>> Greek Organisation of Football Prognostics SA), acquired in Greece's first major privatisation in 2013 under an international bailout deal.

Sazka Group was derived from the former Czech lottery monopoly Sazka. Smejc's EMMA holds 25 percent of the Sazka Group and KKCG the rest.

In 2016, it bought a 32.5 percent stake in Lottoitalia, a joint venture with then Italian lottery monopoly Lottomatica.

In Austria, Sazka has agreed to acquire an indirect 34 percent stake in Casinos Austria, still pending regulatory approvals, according to its website.

($1 = 0.8579 euros)

(Reporting by Jason Hovet and Jan Lopatka; Editing by Susan Fenton)

Stocks mentioned in the article
ChangeLast1st jan.
SIAM FUTURE DEVELOPMENT PCL --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GREEK ORGANISATION OF FOOT
03/28GREEK ORGANISATION OF FOOTBALL PROGN : Repair of h-65 tcas processor
AQ
03/12GREEK ORGANISATION OF FOOTBALL PROGN : H-65 spare parts
AQ
03/08GREEK ORGANISATION OF FOOTBALL PROGN : Opap Cyprus honours women, Europa Donna C..
AQ
02/13GREEK ORGANISATION OF FOOTBALL PROGN : Engineering Support Services for ALC
AQ
02/12GREEK ORGANISATION OF FOOTBALL PROGN : Auditor-general says Opap owes state over..
AQ
02/06GREEK ORGANISATION OF FOOTBALL PROGN : Repair/Overhaul of H-65 SRR Landing Gear
AQ
02/01GREEK ORGANISATION OF FOOTBALL PROGN : Drive Shaft Repairs for SRR
AQ
01/15GREEK ORGANISATION OF FOOTBALL PROGN : Betting giant given go-ahead to try and s..
AQ
01/11GREEK ORGNSTN OF FOOTBALL PROGNOSTIC : Audit chief cites suspicious wire transfe..
AQ
01/11GREEK ORGNSTN OF FOOTBALL PROGNOSTIC : AG, audit boss in war of words with Opap
AQ
More news
News from SeekingAlpha
03/29Here's Your 50 Top-Yield Consumer Cyclical Dividend Stocks For March (And Net.. 
03/28Greek Organisation Of Football Prognostics SA ADR 2017 Q4 - Results - Earning.. 
02/21Tupperware, Ford & China Lead Consumer Cyclical Sector February Gains 
01/23Cedar Fair Tops Consumer Cyclical Sector For January Despite Thin Broker Cove.. 
2017Consumer Cyclical Top Dog Gainer Libbey Surpasses National CineMedia In Septe.. 
Financials (€)
Sales 2018 1 668 M
EBIT 2018 282 M
Net income 2018 191 M
Debt 2018 350 M
Yield 2018 6,69%
P/E ratio 2018 16,61
P/E ratio 2019 14,26
EV / Sales 2018 2,09x
EV / Sales 2019 1,90x
Capitalization 3 135 M
Chart GREEK ORGANISATION OF FOOT
Duration : Period :
Greek Organisation of Foot Technical Analysis Chart | OPAP | GRS419003009 | 4-Traders
Technical analysis trends GREEK ORGANISATION OF FOOT
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 11,1 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Damian Cope Chief Executive Officer & Executive Director
Kamil Ziegler Executive Chairman
Michal Miroslav Houst Chief Financial Officer & Executive Director
Michele Fusella Chief Technology Officer
Spyridon Panagiotis Fokas First Vice Chairman
Sector and Competitors