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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."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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