Aristocrat Leisure (ASX:ALL) see revenue up 7%

Aristocrat Leisure (ASX:ALL) see revenue up 7%

 

Australian gambling machine manufacturer, Aristocrat Leisure (ASX:ALL) for the six month to the end of March, saw normalised profit after tax and before amortisation of acquired intangibles at $368.1 million, down 13 per cent.

Meanwhile, group revenue increased 7 per cent to $2.25 billion, reflecting a 6 per cent decrease in Land-based revenues, which was more than offset by 19 per cent growth in Digital revenue, in local currency, over the reporting period compared to the prior corresponding period.

EBITDA was 7.7 per cent lower than the prior corresponding period, at $707.6 million.

Shares in Aristocrat Leisure (ASX:ALL) are trading 4.63 per cent lower at $26.07.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post