Aristocrat displays ‘strong profit growth’

Home » Aristocrat displays ‘strong profit growth’

Aristocrat has attributed its “strong performance” in the six-month period ending March 31 to the performance of its North America Gaming Operations.

Operating revenue for the period reached A$3.27bn, up 6.1 per cent against the previous year.

Net profit after tax and before amortisation of acquired intangibles of $764m was 16 per cent above the prior corresponding period in reported terms – 13 per cent in constant currency.

“This was once again an outstanding result, reflecting Aristocrat’s resilience and ability to grow share and drive profitability through different operating environments,” said Aristocrat’s CEO and managing director, Trevor Croker.

“The group delivered strong revenue and EBITDA growth over the half. This was underpinned by record Aristocrat Gaming performance, led by an exceptional North America Gaming Operations result, and strong growth in Aristocrat Interactive, while Pixel United achieved improved profitability despite mixed market conditions. The result again highlights resilience and scale as fundamental strengths of our business, supported by an effective focus on operational efficiency and extracting operating leverage.

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“Following completion of the NeoGames acquisition in April 2024, we have consolidated the Anaxi and NeoGames businesses into a single, consistent brand identity, Aristocrat Interactive. We believe that rebranding to Aristocrat Interactive will benefit our customer and regulator conversations, galvanise our teams and drive closer collaboration with Aristocrat Gaming, unlocking significant value over time.”

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