Global slot machine giant Aristocrat Leisure Limited has reported a 22.6% year-on-year increase in normalized profit after tax and before amortization of acquired intangibles (NPATA) of AU$894.4 million for the year ended 30 September 2019, buoyed by strong growth in the Americas and Digital segments.
Group-wide revenue in FY19 grew 14.8% in constant currency and 22.7% in reported terms to a new company record of AU$4.4 billion, while EBITDA rose 20.2% to AU$1.6 billion.
The Americas continued to surge forward as Aristocrat’s largest segment, with revenue rising 23.3% to AU$1.95 billion and profit by 24.9% to AU$1.07 billion.
Digital also continued its rise as revenue rose 33.6% to AU$1.79 billion and profit 20.7% to AU$528.9 million, while the company’s traditional Australia and New Zealand segment remained steady year-on-year at revenue of AU$456.2 million and profit of AU$213.6 million.
Commenting on the results, Aristocrat CEO and Managing Director, Trevor Croker, said “Aristocrat delivered another year of high-quality profit growth in fiscal 2019, further extending our track record of share taking and organic momentum, driven by strong investment in talent, product portfolios and marketing across our Land-based and Digital businesses.”
“Sustained operating performance drove strong free cash flow generation, which was in turn invested to fund further growth, pay progressive dividend increases and provide significant balance sheet optionality for the future.”
“Throughout the year, Aristocrat strived to meet the evolving needs of customers and players by investing in our product portfolios and expanding into attractive new segments and genres. As we’ve built scale, we’ve also evolved our operating model and increased coordination and sharing of best practices within our Land-based and Digital operations globally.”
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