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Aristocrat agrees terms on £2.7bn Playtech acquisition | M&A

Aristocrat agrees terms on £2.7bn Playtech acquisition | M&A
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Aristocrat aided by strong digital performance in H1


Aristocrat aided by strong digital performance in H1
24th May 2021
| By Richard Mulligan
Aristocrat Leisure said a strong digital performance helped it to steady revenues and deliver positive earnings in the first half of its 2020-2021 financial year, despite the effects of the novel coronavirus (Covid-19) pandemic.
The Sydney-headquartered games supplier reported a 1.0% drop in revenue to A$2.23bn for the six months to 31 March, 2021, down just slightly on the 2020 figure despite COVID-19 restrictions in many markets and foreign exchange headwinds.
Aristocrat said on a constant currency basis, revenue was 10.7% higher than the prior period, reflecting strong operational performance in Digital, Americas and ANZ Gaming, but partly offset by international markets remaining largely closed. ....

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