• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Slot maker Aristocrat net profit up 88pct fiscal 2016

Nov 30, 2016 Newsdesk Industry Talk, Latest News, Top of the deck  


Slot maker Aristocrat net profit up 88pct fiscal 2016

Net profit after tax (NPAT) at Australia-based slot machine maker Aristocrat Leisure Ltd jumped 88 percent year-on-year in the 12 months to September 30, the firm said in a filing to the Australian Securities Exchange on Wednesday.

Such profit was AUD350.5 million (US$261.9 million), compared to AUD186.4 million in the prior-year period.

Group revenue expanded by 34.5 percent year-on-year, to nearly AUD2.13 billion. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose 54.1 percent, to AUD806.0 million.

The firm declared a final dividend amounting to AUD 0.15 per ordinary fully-paid share. It is payable on December 20 to stockholders of record as of December 6.

The company said the dividend payment reflected “Aristocrat’s improved leverage ratio, strength in cash flows and sustained earnings performance”.

Fitch Ratings Inc said in an October report that Aristocrat had a sector-leading credit profile relative to its peers in the casino technology business.

Jamie Odell, Aristocrat’s chief executive and managing director, noted in a statement accompanying the fiscal 2016 results: “Aristocrat delivered record performance over the 12 months to September 30, 2016, further extending our trajectory of consistent and high quality NPATA [net profit after tax and amortisation] growth and cash generation.”

The firm said the fiscal 2016 results had been supported by improvement in casino slot machine business – commonly referred to as Class III products, including “significant lift in revenue and profit driven by Macau openings and churn, together with growth in Europe.”

That was a reference first to new casino properties that opened in Macau during the reporting period, and second to the introduction to Macau casino floors of slot machine products compliant with version 1.1 – first introduced in July 2014 – of the city’s technical standards for gaming machines.

Numbers for Macau and other Asian markets were included in the firm’s international Class III results but were not broken down by territory.

Revenue – on a constant currency basis – for Aristocrat’s international Class III segment was AUD181.9 million in fiscal 2016, a rise of 29.7 percent from the prior-year period.

Segment margin rose 6.7 percentage points year-on-year, to 43.5 percent, while the number of units shipped rose 34.1 percent, to 5,978.

Aristocrat also noted that for the financial year 2016, “50 percent of total group revenues derived from recurring sources by period-end, representing the achievement of a significant strategic milestone over the past two years.”

The firm added it expected growth to continue in 2017.  “In the international Class III segment, we expect to see further growth driven primarily by new Asia Pacific [casino] openings,” it stated.

On November 9, Aristocrat announced Mr Odell would be leaving the company on February 28, 2017, after eight years at the helm. Trevor Croker, Aristocrat’s executive vice president for global products, has been appointed CEO-elect, subject to the receipt of any necessary regulatory pre-approvals.


  • tweet
Related articles
  • Aristocrat appoints A.G. Burnett to compliance committee
    Aristocrat appoints A.G. Burnett to...

    Mar 29, 2021  

  • Aristocrat launches new version of game analytics product
    Aristocrat launches new version of game...

    Mar 11, 2021  

More news
  • Grand Lisboa Palace has passed final inspections: SJM
    Grand Lisboa Palace has passed final...

    Apr 23, 2021  

  • Japan still draw for casinos, doubts on returns: panel
    Japan still draw for casinos, doubts on...

    Apr 22, 2021  


Latest News

Grand Lisboa Palace has passed final inspections: SJM

Grand Lisboa Palace has passed final inspections: SJM

Apr 23, 2021  

Macau casino operator SJM Holdings Ltd says its Cotai property, the HKD39-billion (US$5-billion) Grand Lisboa Palace (pictured), has now passed the government’s “final inspections”. The...
Read More
Japan still draw for casinos, doubts on returns: panel

Japan still draw for casinos, doubts on returns: panel

Apr 22, 2021  

Macau visitor tally up 255pct in March, but 1Q down

Macau visitor tally up 255pct in March, but 1Q down

Apr 22, 2021  

Galaxy Ent launches voluntary exit scheme for pit bosses

Galaxy Ent launches voluntary exit scheme for pit bosses

Apr 22, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”At Grand Lisboa Palace, we have passed several of the final government inspections, and we expect to receive our operating permit soon”

Ambrose So

Chief executive of Macau casino operator SJM Holdings



Most Popular

  • GEN Malaysia likely 2021 loss amid pandemic: MaybankGEN Malaysia likely 2021 loss amid pandemic: Maybank April 21, 2021
  • Macau gaming demand recovering comfortably: analystsMacau gaming demand recovering comfortably: analysts April 20, 2021
  • Talks on NagaWorld lay-offs amid pandemic: sourceTalks on NagaWorld lay-offs amid pandemic: source April 19, 2021
  • Macau govt, analysts tip May Day bounty at casino resortsMacau govt, analysts tip May Day bounty at casino resorts April 20, 2021
  • Galaxy Ent launches voluntary exit scheme for pit bossesGalaxy Ent launches voluntary exit scheme for pit bosses April 22, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us