A rise of 10.8 % turnover

Novomatic reports new record balance sheet

2013-05-28
Reading time 1:24 min
(Austria).- The release in May of Novomatic AG’s Annual Report for 2012 showed a balance sheet that the the Group CEO, Franz Wohlfahrt described as “absolutely gratifying”. Turnover grew by 10.8 % to 1.537 billion euros while EBITDA increased by 8.2 % to 531 million euros. The Novomatic Group’s overall added turnover reached 3.228 billion euros. Its accumulated EBITDA amounts to 666 million euros.

The Group of Companies employs more than 19,000 employees worldwide.

With a turnover amounting to 1.537 billion euros in the fiscal year of 2012 (a rise of 10.8 % compared with 1.387 billion euros in 2011) Novomatic hit a new record in the company’s history. The EBITDA (earnings before interest, taxes, depreciation and amortization) rose by 8.2 % to 531 million euros (2011: 491 million). In 2012 the firm employed an average of 13,352 employees (2011: 11,818) thus marking a workforce increase of 15 %, with 2,700 staff working in Austria.

“The balance sheet for 2012 is absolutely gratifying, considering that we are still living in economically challenging times. Nonetheless have we been able not only to achieve a record turnover, but once again provide significantly more jobs. After the breakout of the financial and economic crisis, our founder and proprietor, Professor Johann F. Graf, decided that the protection of jobs has to remain more important than profit maximization. The results for 2012 prove that this approach, carefully balanced with a strategy of cost efficiency and constant optimization, was the right approach”, said CEO Franz Wohlfahrt, at the Annual Report press conference at the Novomatic Forum in Vienna.

The accumulated turnover of the Novomatic Group, consisting of the Novomatic AG as well as the two Swiss sister companies ACE Casino Holding AG and Gryphon Invest AG, has also increased in 2012: the added, non-consolidated turnover reached 3.228 billion euros (2011: 3.193 billion euros). The Group’s EBITDA amounted to 666 million euros. The profit or loss on ordinary activities of the Novomatic Group rose by 9.1 %, reaching 359 million euros (2011: 329 million euros). Worldwide, the group employed more than 19,000 employees (2011: 18,000).

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