Forbes Global 2000: The Worldâs Largest Hotel, Restaurant And Leisure Companies
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The onset of the pandemic was an unforeseen catastrophe for the global tourism industry. So, it should come as little surprise that most of the biggest names in the hotel and cruise ship sectors plummeted hundreds of places in
Forbesâ annual ranking of the worldâs largest public companies.
Marriott fell more than 400 spots in the new Global 2000 list, down to No. 868. Hilton dropped more than 700 spots to No. 1541. Carnival fell from the top 500 last year to No. 1,114 this year. Royal Caribbean, MGM Resorts and Las Vegas Sands didnât fare any better, plunging on our rankings, which are based on a composite score from equally weighted measures of revenue, profits, assets and market value.
First quarter of 2021 (Q1 2020)
Operating revenues increased by 105% to EUR 235.8 million (115.1)
EBITDA increased by 150% to EUR 160.1 million (64.1), corresponding to a margin of 67.9% (55.7)
Profit for the period amounted to EUR 132.0 million (54.2)
Earnings per share before dilution amounted to EUR 0.62 (0.30)
Events during the first quarter of 2021
Continued high demand generates a positive effect on margin development.
Completed synergy project related to NetEnt acquisition.
After the end of the period, Evolution entered into an agreement to acquire online slot machine developer Big Time Gaming.
Evolution hits strong 2021 opening off NetEnt and Red Tiger acquisitions sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.
Evolution credits “high demand” as Q1 revenue and profit double
27th April 2021
| By Marese O Hagan
Live casino supplier Evolution has reported sharp year-on-year increases to record highs in both revenue and profit in the first quarter of 2021, the first quarter since its acquisition of NetEnt in December 2020.
Evolution acquired NetEnt after a SEK19.6bn bid for the business in June 2020, and the slot supplier’s figures were included for the first time in both its Q1 2021 figures, and comparative accounts for 2020.
Evolution’s total revenue came €235.8m, more than double what Evolution and NetEnt made in the first quarter of 2020. Live revenue came to €183.6m and random number generator (RNG) revenue totaled at €52.2m
Fourth quarter of 2020 (Q4 2019)
Operating revenues increased by 68% to EUR 177.7 million (106.0)
EBITDA adjusted for non-recurring items amounted to EUR 115.6 million (55,8), an increase with 107%, for a margin of 65,1% (52,7%)
Non-recurring acquisition and restructuring costs amounted to EUR 19.4 million
EBITDA including non-recurring items increased by 72% to EUR 96.2 million (55.8), corresponding to a margin of 54.2% (52.7)
Profit for the period amounted to EUR 80.6 million (46.8)
Earnings per share amounted to EUR 0.42 (0.26)
Full-year 2020 (2019)
Operating revenues increased by 53% to EUR 561.1 million (365.8)
EBITDA adjusted for non-recurring items amounted to EUR 351,6 million (182,9), an increase with 92%, for a margin of 62,7% (50,0)
Non-recurring acquisition a