Ainsworth Game shares fall on profit forecast

Company News

Shares in Ainsworth Game Technology Limited (ASX:AGI) fell 8.1 per cent yesterday after unveiling a disappointing profit forecast. 
 
The provider of gaming machines told shareholders at the company’s AGM its first half profit is expected to fall from the year before due to anticipated lower revenues.
 
Over the full year the company has advised its fiscal 2015 profitability should be ahead of last year as weighting is likely to be more aligned to the second half.
 
CEO Danny Gladstone says Ainsworth continues to evolve its product offerings and development of new, innovative and entertaining products. 
 
Ainsworth Game Technology reported a net profit of $61.57 million in the 2014 financial year.