OPAP

ASE: OPAP

€2848.7m market cap

€8.93 last close

OPAP was founded in 1958 as the Greek national lottery and it is the exclusive licensed operator of all numerical lotteries (seven games), sports betting (four games) and horse racing. OPAP listed in 2001 and was fully privatized in 2013. Sazka Group has a 23.7% stake and significant board representation.

Y/E Dec
Revenue (€m)
EBITDA (€m)
PBT (€m)
EPS (c)
P/E (x)
P/CF (x)
2016A 1397.6 307.5 240.0 52.60 17.0 26.0
2017A 1455.5 306.5 197.5 42.26 21.1 10.7
2018E 1557.6 350.9 236.8 52.40 17.0 11.5
2019E 1748.5 407.8 287.9 62.73 14.2 9.1
Last updated on 19/03/2019
Sector
TMT
Share price graph
Balance sheet
Forecast net debt (€m) 472.9
Forecast gearing ratio (%) 64
Price performance
%
1m
3m
12m
Actual 0.3 9.6 (8.2)
Relative* (6.4) (5.1) 3.7
52-week high/low €10.0/€7.6
*% relative to local index
Key management
Damian Cope CEO
Nikos Polymenakos Investor Relations Director