Ongoing growth in international markets was positive, with revenues up 2% compared to the same period last year. Revenues in the Americas dipped slightly, falling by 3.2%.
Novomatic, which owns a majority share of AGT, contributed to healthy growth from the rest of the world: segment revenue was US$28.1 million, an increase of 54% compared to 2016, and profit was 50% higher.
Company CEO Daniel Gladstone said: “We made further progress in executing on our priorities: to grow international revenues and drive higher quality earnings. International revenues grew by 2% and now account for almost three quarters of the group’s total sales and we closed the year with 5,317 units on participation, a solid 16% increase.”
“Momentum is clearly building at Ainsworth and, with our strong second half seasonality, we have a positive outlook for FY18,” Gladstone concluded.
Source: GMB / Intergame Online
