Home advantage and American gains underpin record year for Aristocrat

Aristocrat results

Publishing its Annual Report for the 12 months to September 30, Aristocrat Leisure today reported record profits in the period, while operating revenue leapt 46 per cent year on year, in constant currency terms.

Operating revenue in the period was AU$3.624bn, up from $2.454bn a year prior. A rise of 47.7 per cent, adjusted to 46.1 per cent for constant currency reporting.

Earnings (net profit after tax amortisation) in the year were $729.6m, a 34.3 per cent jump from the previous period, adjusted to 33.2 per cent for constant currency reporting.

Profit after tax was $542.6m, a near 10 per cent year-on-year rise, dampened slightly to 8.5 per cent to allow for currency fluctuations.

The dividend to be paid stands at 46 cents per share, a 35.3 per cent increase on the 34-cent dividend paid on last year’s performance.

The company attributes the growth to gains in its Americas division and in Aristocrat’s home market of Australia, along with what it called “transformational growth in digital.”

Aristocrat said that sustained organic growth in its digital enterprises was supported by
the performance of recent acquisitions Plarium Global and Big Fish Games. A full breakdown of the KPIs is below.

In a joint statement, chairman Ian Blackburne and Trevor Croker, Aristocrat’s CEO and managing director, said: “A robust balance sheet ensures Aristocrat can continue to
promote shareholders’ longer-term interests by investing for both organic and inorganic growth, wherever compelling, accretive opportunities are identified.

“Aristocrat’s operational momentum, strong cash flows and capacity to continue to reduce gearing levels has allowed the board to deliver another significant increase in earnings per
share, consistent with our commitment to grow dividends over time.

“In summary, fiscal year 2018 has been another highly successful and rewarding year for Aristocrat and its shareholders.”