Aristocrat revenues up 28.5% during H1 2018

Australian land-based and online gaming supplier Aristocrat Leisure has revealed a 28.5% year-on-year rise in its revenue for the six months up to 31 March 2018

Aristocrat revenues up 28.5% during H1 2018

In its first financial report of the year, the company revealed revenues of $ 1.19bn, surpassing the $927.1m reported during the same period in 2017.

Operating revenues increased by 33.6% year-on-year, rising to $ 1.23bn, while company EBITDA also grew, rising by 28.9% to $366m during the same period in 2018.

Company profits after tax grew, albeit more modestly by 2.8% year-on-year from a H1 2017 high of $188.4m to $193.6m in 2018. Net profits after taxation, depreciation and amortisation rose by 12.7% year-on-year to $232.1m during the same period.

Among the company’s 2018 highlights has been a marked increase in its North American market share, typified by a 19% increase in its number of class III gaming equipment, which rose to 18,304 units during the period.

In addition the number of class II machines operated by the company increased by 4.6%, rising to 22,996 units in operation across the US.

Drilling down into individual segments, Aristocrat’s digital operations proved to be the biggest winner during the period, reporting a 220.7% year-on-year rise in revenues, which grew to $417.3m.

Revenues from its American segment rose by 6.9% year-on-year to $577.3m, while revenues in Aristocrats home market of Australia grew modestly by 1.9% during the period, rising to $162.2m.

Topics
OnlineLand-BasedCasinoFinancialIndustry
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Robert Simmons
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Robert Simmons served as a writer for Gambling Insider, where he was an active contributor from 2017 until 2018. Throughout his tenure, Robert executed in-depth market research and wrote over 500 news and press-release articles covering the global gambling industry under strict editorial standards and tight deadlines. He contributed editorial support to the production of five 100+ page Gambling Insider magazines, eight 25+ page Trafficology magazines, and five 25+ page special print focus editions. In addition, he produced 30 in-depth feature articles for print, secured over 30 contributions from external writers, and built long-standing professional relationships with industry stakeholders across all levels of the gambling sector.

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