Novomatic Releases H1 Numbers after Ainsworth Acquisition
Leading iGaming provider Novomatic has just disclosed the stats for the first half of the year.
The report has shown a 13% surge in sales revenue compared to the same period last year, and in H1 2018 it totals €1.37 billion.
Overall Acceleration
The firm’s EBITDA has risen by 12% year-on-year, amounting to €318 million in the first six months of 2018. The Novomatic Group, especially following the purchase of Ainsworth Game Technology, has experienced a 96% rise in sales, as well. In January 2018, the Austrian company purchased the firm based in New South Wales, Australia.
Novomatic’s strategic geographical expansion towards specific parts of the European market such as Germany, Italy and Spain, as well as setting footprint in Eastern Europe, has significantly assisted the statistical growth.
In addition, the Novomatic dream team of employees has also grown – by 694, and now the staff encompasses a record number of 26,230 crew onboard.
Dominating the Industry
Harald Neumann, Chief Executive Officer at Novomatic, has commented on the spectacular results.
The reputable CEO has said that the company are very pleased with the numbers, and has highlighted that they just “confirm [their] strategy of consolidating [their] market leadership” in both existing markets and expanding towards new and yet to be explored ones.
Neumann has also emphasised the importance of the acquisitions completed in the recent months.
“The focus is on optimising internal processes and structures across borders,” Novomatic CEO has concluded.
On the other hand, Ainsworth Game Technology has gone through a 6% decrease in revenue from operating activities since the beginning of the year, compared to its H1 in 2017. The revenue totalled A$265.5 million (€164.78 million) in the period from January 1st until June 30th for the financial year.
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