Revenue was 15 percent more than last year

Novomatic reports record-breaking 1 H

(Austria).- Novomatic achieved a record turnover during the first half of 2014 and has employed more than 1,700 new staff, according to the interim financial report that was officially published on its website.
2014-09-02
Reading time 45 seg
(Austria).- Novomatic achieved a record turnover during the first half of 2014 and has employed more than 1,700 new staff, according to the interim financial report that was officially published on its website.

During this half, the company also generated the highest turnover in its 34-year history: The revenue for the first six months of 2014 reached EUR 941 M (first half of 2013: EUR 818 M). This corresponds to an increase of 15 percent compared to the previous year.

The EBITDA rose by about 9% to EUR 289m (first half of 2013: EUR 266m). The EBIT increased by as much as 20% to EUR 165m.The Novomatic Group employed in the first half year 17,747 staff (as at June 30th) – an increase of 11%.

Novomatic CEO Franz Wohlfahrt, who is due to stand down at the end of this month, said: “The first half-year results for 2014 demonstrate that our dual business strategy has once again proved to be the right way to a successful future. “We achieved an increase in the gaming operations’ revenues by 17%. A significant growth in turnover was also achieved in the sales, e-business and betting segments.”

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