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Aristocrat Leisure Announced Full Year Results
11/28/2012 : SIGNIFICANT GROWTH IN ARISTOCRAT'S LATEST RESULTS
Strong outlook as company moves into new high growth distribution channels
Aristocrat Leisure Limited announced its full year results for the nine months to September, 30 2012, in line with its recent change to the business' financial year end.
Key performance highlights include:
- A 12 month profit of $91.7 million, ahead of expectation which represents a 69.2 percent rise in net profit after tax (NPAT) compared to the prior corresponding period.
- Over the nine month period, NPAT of $45.5 million representing a 128.6 percent increase compared to the prior corresponding period.
- EBIT growth of over 53.5 percent and revenue growth of 25.4 percent over the 12 months to September 30, 2012.
- Over the nine month period, EBIT growth of 75.7 percent and revenue growth of 29.7 percent was recorded compared to the prior corresponding period.
- The continued improvement in operating and free cash flow.
Jamie Odell, chief executive officer and managing director of Aristocrat commented:
“Aristocrat is prepared to capitalise on new, high growth distribution channels, and our strengthened balance sheet gives us the ability to consider investing strategically and providing enhanced returns to shareholders. Recently announced acquisitions position us to compete in the expanding online and social gaming markets.
“These strategic steps, coupled with our investment in outstanding creative and technical talent, will deliver real value for the business over the medium term as the industry evolves.
“Major new game releases across all key markets, continued cost discipline and the benefit of efficiency and culture measures are expected to drive a further lift in operational performance over the current financial year, despite sustained headwinds."
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Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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