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NEWS 24 May 2018

Aristocrat revenues up 28.5% during H1 2018

By Robert Simmons

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

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.

RELATED TAGS: Online | Land-Based | Industry | Financial | Casino
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