Aristocrat Logs 53 Percent Growth

Sun, Jun 4, 2017

Aristocrat Leisure Limited reported half-year net income of AUD$249.6 million, which is a 53 percent jump over the first six months of the prior fiscal year.

Australian slot manufacturing giant Aristocrat Leisure Limited released a half-year financial report showing net profits for the six months ending March 31 totaled AUD9.6 million (US7.4 million), representing a 53 percent increase over the same period in 2015-16.

Trevor Croker, who took over in March as CEO of Aristocrat, credited the company’s R&D staff for the results. “The key part is having the best game design talent,” Croker told the Australian Financial Review.

Shares of Aristocrat soared after the report, closing at $15.70 the day of the announcement, a 4 percent rise.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.