Pollard Banknote (TSE:PBL) has released an update.
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Pollard Banknote Limited has reported a successful first quarter in 2024, with revenues slightly up to $125.7 million and combined sales, including its iLottery joint venture, rising to $151.2 million. The company saw a significant increase in income from operations to $13.4 million and a record first-quarter adjusted EBITDA of $23.7 million. The results were driven by strong consumer demand and effective repricing of contracts, which is expected to continue to positively affect financial outcomes.
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