sector: Cyclical Consumer Goods & Services ·
industry: Casinos & Gaming ·
As of
26 Nov 2009
2.88EUR
SNAI SpA is an Italy-based holding company, providing gaming and betting services. The Company provides: gambling machines, lottery services, horse and sport betting services, and bingo halls and gaming venues equipment and services. Betting services are offered in betting points and via Internet. SNAI Group also provides the management of San Siro and Montecatini hippodrome and editorial services. In addition, SNAI SpA sells tickets for cultural and sport events. The Company’s subsidiaries and consolidated companies include Immobiliare Valcarenga Srl unipersonale, Festa Srl Unipersonale, Mac Horse Srl Unipersonale and Societa Trenno Srl Unipersonale, among others.
BRIEF: For the six months ended 30 June 2009, SNAI SpA's total revenue increased 3% to EUR290.5M. Net loss for the period totaled EUR2.8M, vs. a profit of EUR18M. Total revenue reflects an increase in demand for the Company's products and services in the Racecourse Buildings Management and Concessions business segments. Net income for the period reflects a decrease in operating margins due to higher service, personnel and other operating costs.
SNAI S.p.A.
Via L. Boccherini, 39
Porcari 55016
P: +390583.2811
F: +390583.281356