NOVOMATIC achieves record turnover in first six months of the year and sees headcount rise by 12.1 percent
NOVOMATIC, Europe’s leading gaming technology group, achieved a new record turnover in the first six months of the fiscal year 2016 and recorded the highest number of employees in the company’s history.
According to the interim financial report published today, the NOVOMATIC Group recorded a turnover of EUR 1,094.9 million in the first six months of this fiscal year. This represents an increase of 10.8 percent over the first six months of the previous year. The largest gains were seen in the proceeds from gaming machines, which increased by 11.8 percent, and the number of sites operated by the Group rose to over 1,600 as of June 30.
EBITDA remained stable at the previous year’s level of EUR 287.2 million as a result of considerable strategic investments, notably in the lottery segment, as well as negative foreign exchange effects. EBIT declined to EUR 141.4 million during the first six months of the year as a result of one-off effects, including write-downs.
The number of people employed has risen to a historical high, reaching an average of 22,373, which corresponds to an increase of 12.1 percent. The scope of consolidation of the interim financial report included around 200 companies for the first time.
Harald Neumann, NOVOMATIC Chairman of the Board, said: "We pursued our growth strategy during the first half of the year and have undertaken a number of important expansions. With our acquisition of the British gaming operator Talarius, we have further increased our market share in the important UK gaming market, and we are now the largest operator of gaming arcades in the UK. Our intention to acquire a stake in the Australian listed gaming technology company Ainsworth would give a massive boost to our market position in Australasia, as well as in North and South America."
The NOVOMATIC Group is one of the biggest international producers and operators of gaming technologies and employs more than 24,000 staff worldwide. Founded by entrepreneur Professor Johann F. Graf in 1980, the Group has locations in more than 50 countries and exports high-tech electronic gaming equipment and solutions to 80 countries. The Group operates more than 235,000 gaming terminals in its some 1,600 plus gaming operations as well as via rental concepts.
Through its numerous international subsidiaries the NOVOMATIC Group is fully active in all segments of the gaming industry and thus offers a diversified omni-channel product portfolio to its partners and clients around the world. This product range includes land based gaming products and services, management systems and cash management, online/mobile and social gaming solutions as well as lottery and sports betting solutions together with a range of sophisticated ancillary products and Services.