Supplier News
Australia – Aristocrat sees 12 per cent increase in profit for its half year results
By Phil - 18 May 2021
A strong recovery in its key markets in the US, Australia nd New Zealand has helped Aristocrat Leisure to a half-year net profit of AU$346m (US$269m) for the six months to March 31 2021,an increase in profit of 12 per cent compared to last year.
Aristocrat said the increase was driven by exceptional product performance and customer engagement along with strong consumer sentiment and economic conditions in the United States and ANZ region.
Aristocrat CEO and Managing Director Trevor Croker said: “These results reflect the fact that we have the right strategy and made the right choices to sustain our investment in outstanding people and product, customers, talent and culture throughout the COVID-impacted period. As a result, we have continued to take share and maintained our leadership of key Gaming markets and segments, while also growing our share in Digital games, where we are now a top five game publisher in tier 1 Western markets.
“We expect economic conditions across key markets over the full year to remain uncertain, as a result of ongoing COVID-driven volatility. We are closely monitoring key factors including consumer sentiment, gaming venue patronage and currency headwinds,” he added. “We will continue to rigorously execute our strategy over the second half of fiscal 2021, with increased investment in D&D, UA to support new game launches and existing games and strategic capabilities that will sustain our longer term growth.”
