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Croker: Aristocrat Strong Despite Challenges

Croker: Aristocrat Strong Despite Challenges

The chairman of Australian slot supplier Aristocrat Leisure Limited used the company’s annual general meeting to stress that the company continues to perform at a high level, recording a 15 percent rise in revenue to a record $2.45 billion despite a flat market and new competition.

Earnings before EBITDA also rose 24 percent as compared to the prior year, with an operating cash flow of over $799 million, up 17 percent.

“This result was achieved right across the group’s global portfolio,” said Aristocrat Chairman Dr. Ian Blackburne at the meeting, “in particular with outstanding momentum in the Americas, significant growth in the digital and international Class III segments and sustained strength in our Australian business.”

Aristocrat CEO and Managing Director Trevor Croker added that a number of strategic acquisitions have allowed the supplier to evolve its business and drive growth. “The business is significantly bigger, and more geographically and operationally diverse than at any time in our history—and now includes a material presence in unregulated, large and fast-growing non-casino game segments,” Croker said.

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