Australian slot machine developer Aristocrat reported a 16.8% increase in profit for the six months to 31 March 2019 to AU$422.3 million, driven by the company’s American and digital business segments.
The strong results came on the back of a 29.8% year-on-year uptick in revenues and 19.2% in EBITDA for the period, equivalent to 20.8% and 10.2% in constant currency.
Segment revenue for the Americas grew by 28.3% to AU$957 million and profit by 27.3% to AU$524.1 million. Digital revenue was up 48.5% to AU$820.9 million and profit by 26.9% to AU$245.9 million while the Australia/New Zealand segment booked a 7.3% increase in revenue to AU$230.6 million and 11.8% boost in profit to AU$109.1 million.
Aristocrat CEO and Managing Director Trevor Croker said the company’s six month results “demonstrates our sound and ambitious strategy and strong commercial execution. We continued to significantly expand our addressable markets across both digital and land-based segments.
“Aristocrat’s increased investment in D&D during the period also demonstrates our commitment to sustaining our growth engine going forward. D&D is our preferred allocation of capital, and we are investing effectively to protect and extend our market-leading positions, whilst attacking attractive adjacencies.”