The Novomatic Group revenues reaches new record of 3.2 billion euros
“We owe these excellent results to our successful strategy of anticyclical investments in economically challenging times, to accurate optimising measures as well as to the exceptional commitment of our employees“, commented Novomatic CEO Franz Wohlfahrt at the Annual Report conference held this week in Vienna.
The total revenues of the Novomatic Group – comprising Novomatic as well as the two Swiss affiliates ACE Casino Holding AG and Gryphon Invest AG – hit in 2011 for the first time the landmark of three billion Euros: the added, non-consolidated revenues amounted to 3.193 billion euros (2.816 billion euros in 2010), which is a plus of 13,4%. The EBITDA of the Novomatic Group rose by 17,2%, reaching 652 million euros (556 million in 2010). The Group counted 18,000 staff (2010: 17,000, plus 6%) worldwide.
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