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Aristocrat 2011 Financial Results Show Strong Growth


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Leading Australian land and online casino games and systems vendor Aristocrat
Leisure Limited has published positive 2011 financial results, which indicate
that the gaming firm’s profits increased by 21 per cent to £44.9 million
year-on-year.

The Aristocrat 2011 financial report showed that its
earnings before tax and interest for the year increased by 30.8 percent to £75.2
million compared with the previous year, while its revenues rose 3.6 per cent to
£481.5 million. It also showed that the firm’s 2011 profits rose by 34 per cent
after tax, on a constant currency basis year-on-year.

Aristocrat 2011 Financials Showed Positive Growth

The Sydney-headquartered firm stated that its 2011 financials showed a positive
growth that was ‘ahead of the previously adjusted guidance range’ of 10 to 20
per cent, while its pre-tax earnings and revenues would likely have been around
the 41 per cent mark, had the US and Australian dollars been on par.

Said
Aristocrat CEO and MD Jamie Odell, ‘Aristocrat’s product offering was
revitalised to suit each key market targeting the most profitable segments and
this drove share gains in major markets like the US and Australia. Even more
importantly, this is a high-quality result that is anchored in stronger
operational performance and effective execution.’

Aristocrat recently made online gaming industry headlines when it announced
it had signed an agreement with top UK-based online sportsbook and gaming
software developer OpenBet Technologies Limited, to develop a range of online
slot games.

In terms of the year ahead, Aristocrat has disclosed that it fully expects
‘competitive trading conditions’ as well as ‘continued volatility globally due
to mixed economic conditions and currency headwinds,’ coupled with strong growth
with regards to its normalised net profits for the full-year after tax, which
bodes means it expects its operational performance to exceed 2011.

The Firm will Continue to Release New Games this Year

The company is striving to release many new games across all of the major
markets this year, as well as increase its focus on segments that are
particularly profitable, while continuing a cost discipline designed to enhance
its operational performance.

Artistocrat’s online game categories include
Bonus Bank, Multiline, Power Pay, Reel Power & Xtra Reel Power, Standalone
Progressive, Hyperlink, Player’s Choice Multigame, Xtreme Mystery and Multi-Site
Progressive.

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