ROME (ITALY) – PROVIDENCE, RHODE ISLAND (US), May 8, 2014 – GTECH S.p.A.’s Board of Directors, chaired by Mr. Lorenzo Pellicioli, today approved the consolidated financial statements for the first quarter ended March 31, 2014.
“GTECH enjoyed a very good first quarter. We delivered results that were comparable to the similar quarter last year, which historically was the Company's highest on record,” said Marco Sala, CEO of GTECH S.p.A. “Driven by healthy growth in the Americas and stable results in International and Italy, our first-quarter performance gives us confidence in our ability to meet our full-year guidance.”
“Net Financial Position at the end of March reflects the UniCredit buyout and distributions to minority shareholders in the Italian Scratch & Win concession, which historically occurred in our second quarter,” said Alberto Fornaro, CFO of GTECH S.p.A. “We feel very positive about the trends in NFP. The recent upgrade in our credit rating by Standard & Poor’s is further testimony to our long-term financial strength.”