Fortuna 3rd-Quarter Net ‘Around’ 1.5 Million Euros, CFO Says

Fortuna Entertainment Group NV (FORTUNA) third quarter net income was “around” 1.5 million euros ($2.06 million), Chief Financial Officer Michal Veprek said at a press conference today in Prague.

The provider of lottery and sports betting services in central Europe expects to meet market expectations on net income and earnings before interest, taxes, depreciation and amortization for 2011, Veprek said.

The company is referring to market expectations for net income of 14 million euros and Ebitda of 20 million euros, he said.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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