Fortuna - Indebtedness

Sport & Games | Czech Republic | April 16, 2014
Excel Sheet

Fortuna Entertainment Group NV (Fortuna) is the largest Central European betting operator. Originally a Czech firm with a 20 years history, it has grown into a holding company over time, and it now also operates on the Slovak, Polish and Hungarian markets. It offers a range of on-line and retail network-based betting products, including pre-match betting on a range of sports events, live betting for major televised matches, scratch tickets and number games.

Fortuna's revenues exceeded EUR 90 mil in 2012, nearly twice as much compared to 2007. With average ROE exceeding 35% in the last five years and debt amounting to 21% of equity only at the end of 2012, the Company's financials have been impressive