Supplier News

UK – Talarius full year profits in excess of 50 per cent

British arcade operator Talarius has delivered further strong growth in revenue and profitability with revenue increasing 11.9 per cent to AU$115.9m, EBITDA up 20.3 per cent to AU$16.4m and EBIT up 51.7 per cent to AUD$6.2m.

These double-digit growth levels have been achieved despite trading out of fewer venues, following proactive estate management, off the back of great results in recent years.

The operator, owned by Tatts Group, listed on the Australian Securities Exchange, runs gaming machines in high street venues and selected motorway service areas across the United Kingdom, mainly under the Quicksilver brand.

Talarius These great results have been driven by the continued refurbishment programme of profitable venues, the increase in server-based games and the extension of operating hours at popular sites to meet customer demand. In addition, the dedicated training program to develop Talarius’ venue managers has improved the operations of our venues, delivering greater efficiencies and positive revenue outcomes.

Peter Harvey, chief operating officer at Talarius, said: “It is very pleasing to report another year of strong revenue growth and profitability at Talarius. The company continues to see the benefits of our long term strategy of targeted investment to refurbish our popular venues where demand is strongest and whilst continually updating our machine estate so we remain at the cutting edge for games and technology. These measures combined with the continued investment in our greatest asset, our people, help us deliver the best possible experience in our venues and ensures demand remains strong from our customers. Looking ahead, the strong performance has continued into the first half which gives us confidence of continued growth in 2016.”