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Revenues of US$1.2bn

Aristocrat sees growth in US and digital business units

Australian slot manufacturer, Aristocrat, posted a rise in its half-year earnings, due mainly to ongoing expansion of its Americas and digital businesses. Net profit after tax rose 2.8% year-on-year to US$193.9 million in the six months ending March 31, 2018, while total revenue increased 28.5% to US$1.2 billion.

Aristocrat said the strong growth in revenue was driven by its Americas and digital businesses, including recent acquisitions of Plarium and Big Fish, together with a further lift in performance in the ANZ region. 

“The completion of two significant digital acquisitions… have transformed the group’s digital scale and delivered the capabilities required to compete and grow in digital markets,” said the company in a statement.

Looking forward, Aristocrat said it expects double digit NPATA growth to continue over the twelve months to September 30, 2018, compared to 2017.

In the land-based segment, the company said it expects to successfully defend market-leading share positions across North America, ANZ and International CIII segments. It also anticipates land-based operators to increase investment in content and technology which will expand its total install base.

“Aristocrat will continue to push for growth by increasing our strategic investment in design and development in order to protect and extend market leading positions, whilst attacking attractive adjacencies,” said Aristocrat CEO, Trevor Croker, in a statement.

“We will also maintain our focus on successfully integrating our new digital businesses, while accelerating collaboration, in order to fully leverage our deepening digital and land-based capabilities,” he added.

Source: GMB / AG Brief