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NEWS 20 November 2019

Aristocrat yearly revenue up 23% to $3bn

By Owain Flanders

Aristocrat's operating revenue was AU$4.4bn (US$3bn) for the 12-month period ending 20 September 2019, a rise of 23% year-on-year.

Profit after tax was AUS$894.4m, also up 23%, while EBITDA was AUS$1.6bn, a rise of 20%.

The highest percentage of the supplier’s revenue came from its Americas segment, representing 44% of total revenue, while the second-highest was its digital segment, at 41%.

Aristocrat attributed its revenue increase to profitable growth in its digital business and investment in talent and technology.

Trevor Croker, Aristocrat CEO and Managing Director, said: "Aristocrat delivered another year of high-quality profit growth in fiscal 2019, further extending our track record of share taking and organic momentum, driven by strong investment in talent, product portfolios and marketing across our land-based and digital businesses.

"Sustained operating performance drove strong free cash flow generation, which was in turn invested to fund further growth, pay progressive dividend increases and provide significant balance sheet optionality for the future."

Croker was recently appointed Chairman of the American Gaming Association, succeeding retiring Penn National Gaming CEO Tim Wilmott in the role.

RELATED TAGS: Casino | Financial | Industry
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