International edition
June 18, 2021

The company upgraded half-year earnings

Aristocrat posts US$320 million 1H profit

Aristocrat posts US$320 million 1H profit
“We expect economic conditions across key markets over the full year to remain uncertain, as a result of ongoing COVID-driven volatility," said Trevor Croker, Aristocrat Chief Executive Officer and Managing Director.
Australia | 05/18/2021

Aristocrat Leisure Limited on Monday announced upgraded half-year earnings performance for the six months ended 31 March 2021. Full results expected on May 24.

A

ristocrat said statutory net profit in the six months through March was 346 million Australian dollars (US$269 million). Normalized net profit before amortization of acquired intangibles, or Npata, was A$412 million, a 12% rise compared to the prior corresponding period. Normalized earnings before interest, tax and other items, or Ebitda, was A$750 million, a 6% rise.

"In the Aristocrat Gaming business, exceptional product performance and customer engagement, coupled with stronger than expected consumer sentiment and economic conditions in the United States and ANZ region, drove profit growth compared to the PCP," said the company.

In addition, Aristocrat Digital delivered above industry-average growth in bookings, translating into revenue and profit growth compared to the PCP. The business benefited from a diverse portfolio of world-class titles, as well as strong investment in User Acquisition (UA), Live Ops, new game content and features. Overall demand continued to be elevated, compared to pre-COVID levels.

Aristocrat Chief Executive Officer 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 5 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. 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.”

The company will report its full result for the half on May 24.

Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.