Revenue
rose 21.6 % to US$ 896 million in the first half of the year, up from US$ 746 million
in 2016’s first half.
Aristocrat
said the result "reflected the strong performance delivered across the Group’s
portfolio, particularly growth in Aristocrat’s America's, Digital and
International Class III businesses, supported by sustained momentum in
Australia.”
The
company’s Americas business saw a US$ 48.3 million improvement in post-tax
profit compared to the prior period, while large scale openings in Philippines,
Malaysia and South Africa drove up the group’s international gaming machines
business to US$ 98.6 million.
"Industry
leading content, hardware and technology translated into exceptional operating
performance despite competitive market conditions,” commented Aristocrat CEO
and managing director Trevor Croker.
The
company also confirmed its profit expectations for the full year ending Sept.
30, 2017.
According
to the filing, Aristocrat says it expects growth in normalized NPATA to be in
the range of 20-30 % compared to the 2016 full year.
"While
this guidance implies a lower second half, it reflects a planned uplift in
design and development investment, together with the [weighted] impact of the
concentration of new openings in the first half of the financial year, which is
not likely to be repeated in the second half,” said the company.
Source: GMB
/ AG Brief