Aristocrat Leisure (ASX:ALL) see revenue up 7%

Company News

by Rachael Jones

Australian gambling machine manufacturer, Aristocrat Leisure (ASX:ALL) for the six month to the end of March, saw normalised profit after tax and before amortisation of acquired intangibles at $368.1 million, down 13 per cent.

Meanwhile, group revenue increased 7 per cent to $2.25 billion, reflecting a 6 per cent decrease in Land-based revenues, which was more than offset by 19 per cent growth in Digital revenue, in local currency, over the reporting period compared to the prior corresponding period.

EBITDA was 7.7 per cent lower than the prior corresponding period, at $707.6 million.

Shares in Aristocrat Leisure (ASX:ALL) are trading 4.63 per cent lower at $26.07.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.