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Payzone PLC, an Ireland-based payment-network operator, Thursday reported revenues of 583.3 million euros (US$814.6 million) for the six months ended 31 March, up 37.6% from 423.9 million euros for the same period in 2008. Earnings before interest, taxes, depreciation and amortization increased 8%, to 20.3 million euros, the company says in a statement. Revenues from southern Europe increased by 33% for the most recent half-year period, with transaction volumes in Greece and Romania increasing by 21% and 7% respectively. Payzone, which not provide specific transaction data, says it removed 840 "loss-making machines" from its UK ATM network. That removal, "along with a market-driven decline in withdrawal volumes, has led to a 31% decline in revenues in the period," the firm says.

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