The company said it was completing the acquisition of Nevada-based slot machine maker International Game Technology (IGT) and adding that it was on track to meet its "synergy goal" of 40 million euros in cost savings in 2014.

Italy-based GTech said it is set to complete the IGT deal by the end of the first half of 2015.

"We are on track to achieve our synergistic target of 40 million euros in 2014," said Alberto Fornaro, chief financial officer at GTech.

"With the continued significant amount of operating cash flow, we expect to comfortably achieve net financial position guidance of 2.47 billion-2.53 billion euros at the end of the year, excluding expenses related to the IGT acquisition," he added

Consolidated revenue for the quarter ending September 30 was 728 million euros, compared with 730 million euros in the third quarter of 2013.

Services revenue rose 3% to 680 million euros during the period, helped by a high contribution from the Italian market, the company said. That was partially offset by a drop in revenue related to lottery management services.

Product sales of 48 million euros for the quarter were "anticipatedly impacted by lower Canadian product sales, partially offset by sales to U.S.-based customers," the company added.

Net income before interest, taxes, depreciation and amortisation in the quarter came in at 252 million euros, up sharply from 219 million euros in the third quarter of last year, including a provision of 30 million euros for a mechanical gaming litigation settlement in Italy.

Operating profit for the third quarter was 133 million euros, up sharply from 122 million euros a year earlier. GTech said transaction costs of 10 million euros related to the pending IGT acquisition in the quarter were "offset by profits from the sale of the company's sports and event ticketing businesses in Italy."

Net income for GTech owners in the first nine months of 2014 was 176 million euros, up 1.1% from 174 million euros in the same period last year, but sales in the same period were 2.26 billion euros, down 1.3% from 2.29 billion euros in the first nine months of 2013.

GTech is 58.7% owned by Italian conglomerate De Agostini SpA and a related company called DeA Partecipazioni SpA. 무료슬롯사이트

EBITDA was 817 million euros, up more than 3% from 792 million euros in the nine months of 2013.

Operating profit came in at 470 million euros, up 3% from 455 million euros last year. EBITDA and operating profit rose 4% based on constant currency levels.

Services revenue rose 31 million euros, or 1.5%, in the nine months to September 30, compared with the same period in 2013, the company said, driven by good performance in Italy