On The Prowl, Aristocrat Shows Oz The Way

With its online revenue alone exceeding a billion Australian dollars, Sydney-based Aristocrat Leisure has underlined its enduring class by dropping only one percentage point in overall revenue for their financial half, ending March 31, 2021.

Persevering over Covid, the Ozzie games supplier, has posted HI revenue of A$2.23 billion (£1.22bn/US$1.73bn/€1.41bn), while reporting a strong performances in Digital, ANZ Gaming and The Americas.

Revenues in their home Australia and New Zealand markets grew by 1.7 per cent to A$209 million (£114.56m/US$162.22m/€132.39m), reported Aristocrat.

Revenue in The Americas, taking a bigger Covid hit, dropped by over 11 per cent. But still topped A$810 million (£444m/US$628.6m/€513m).

The value of the firm’s digital revenue grew by over 14 per cent, year-on-year, to A$1.19 billion (£652m/US$923m/€753m).

Aristocrat said it continued to invest significantly in talent and technology to deliver competitive product across a broader range of gaming segments and digital genres.

Aristocrat’s boss Trevor Croker remains ebullient.

“The outstanding momentum we’ve delivered this half reflects our unwavering focus on the things we can control,” he said. “This lies at the heart of our proven growth strategy.

“Despite the uncertainties driven by Covid-19, we have maintained investment in the best people, talent, technology and product portfolios.

“We expect uncertain and volatile conditions to continue near term, and we are closely monitoring key factors including consumer sentiment and gaming venue patronage.

“Nevertheless, we enter the second half of fiscal 2021 with excellent momentum, resilience, and confidence with a strong balance sheet to continue to invest organically and accelerate growth through mergers and acquisitions, in line with our rigorous criteria.”

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