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IAS brings encouraging H2 numbers
 February 12, 2009, 9:18 am (2 years ago)With an antagonistic take-over effort by Centrebet underway, the directors of Australian sportsbetting group International All Sports are perhaps calmed that 2nd half 2008 outcome have been encouraging.
The outcome, released this week, indicate a strong performance with record EBITDA of AU$5 million and pre-tax income of AU$3.7 million, a 161 % and 664 % boost in that order on the corresponding period in 2007.
There was news that subsidiary Canbet's ex-Australia operations kept on having a negative influence on general performance, recording a AU$3.7 million EBITDA loss – an unsatisfactory contrast to an AU$8 million income accomplished at sister company IASBet.
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