Aristocrat announces positive FY results

Aristocrat Leisure has announced its financial results for the 12 months ended September 30.

Net profit after tax and before amortisation of acquired intangibles of more than $1.3bin was 21 per cent above the prior corresponding period in reported terms (13 per cent in constant currency).

This reflected a superior product portfolio, ongoing investment and consistent execution, notwithstanding mixed conditions across some key segments.

Aristocrat’s CEO and managing director, Trevor Croker, said: “I’m proud of the high-quality result that we are announcing today.

“The growth that Aristocrat delivered over the period demonstrates the ongoing resilience, competitiveness and diversification of our portfolio and sound fundamentals in the markets in which we operate.

“At the same time, we have been able to accelerate investment behind our successful growth strategy.

“The benefit of our strategic investments to grow and diversify Aristocrat was particularly evident in the strong seven per cent revenue and EBITDA growth in constant currency at group level over the year.

“This was underpinned by an exceptional gaming performance which more than offset an extended industry-wide moderation in mobile game demand, again highlighting diversification and scale as fundamental strengths of our business.

“We continued to invest to grow in attractive adjacencies and verticals, as we build further resilience in our operating portfolio, including through executing our ‘build and buy’ strategy in online RMG.”