Novomatic Continues on Growth Course

CompaniesRetail & Consumer ♦ Published: August 30, 2011; 13:10 ♦ (Vindobona)

The Austrian gaming machine manufacturer achieved a plus in revenue of 17% in the first half of the year. EBIT remained stable at € 108.6m.

Novomatic Continues on Growth Course / Picture: © Novomatic

The Novomatic Group was able to stay on the path of growth in the first half of 2011. Compared to the first half year of 2010, consolidated revenues increased by 17% to € 654.7m. The increase in revenues stemmed primarily from rises in the proceeds from proprietary gaming operations, from the other activities segment (online gaming) and from rentals. It was primarily the core market…