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Greek gaming group OPAP's third-quarter lottery sales offset by higher costs

Nov 25 (Reuters) - Greece's largest gaming company OPAP OPAr.AT posted a slight increase in third-quarter core profit on Tuesday, with strong lottery sales offsetting rising operating costs.

Earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter edged up 0.5% year on year to 214.2 million euros ($247.64 million) as higher payroll from increased headcount weighed on its core profit margin, which slipped to 35.5% from 37.7% a year earlier.

($1 = 0.8650 euros)

 (Reporting by Antonis Pothitos
Editing by David Goodman
)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))

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