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Aristocrat reports 23% revenue increase for six months ended 31 March

Aristocrat Leisure Limited has reported operating revenue of AU$2.75bn (US$1.92bn) for the six months ended 31 March 2022.

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The figure represents a 23% increase from the six months to 31 March 2021. EBITDA grew 30% year-on-year to AU$970.3m, with the EBITDA margin climbing 1.9 points to 35.3%.

The Australian slot machine and gaming company also reported a normalised profit after tax and before amortisation of acquired intangibles (NPATA) of $580m, a 41% increase from the prior-year period.

Aristocrat noted many operational highlights for the period, including the continued growth and diversification of its Pixel United and Gaming assets, as well as the strong growth in Gaming Outright Sales, which was achieved as Covid-19 restrictions eased and customers increased their capital commitments towards the group’s high performing products.

“Aristocrat delivered an impressive and resilient performance despite mixed operational conditions and challenges,” said Aristocrat CEO and Managing Director Trevor Croker. “We took comprehensive action to protect our people and business, while investing strongly to accelerate our growth strategy going forward.

“Our sustained investment in talent, technology and product enables us to continue to take share wherever we play and delivered significant top and bottom-line growth in the first half of fiscal 2022.

“We are accelerating the implementation of our ‘build and buy’ strategy to scale in online Real Money Gaming, which provides further channels for us to distribute our world-leading content. Our ambition is to be the leading gaming platform in the global online RMG industry, and we anticipate being live with i-Gaming products in two jurisdictions in the US by the end of calendar year 2022.”

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