Rising Revenues at Novomatic

CompaniesRetail & Consumer ♦ Published: May 22, 2012; 12:56 ♦ (Vindobona)

The Austrian vending machine producer recorded a 17.2% in revenues. The gambling segment was Novomatic´s growth driver.

Rising Revenues at Novomatic / Picture: © Novomatic

Last year, the group registered an increase in revenues by 17.2% to € 1.387bn. The leasing business ov vending machines soared by 7.4%, the gambling segment grew by 19.5%. EBITDA grew by 9.2% to € 490.9m, EBIT increased by 14.1% to € 254.5m. Novomatics net income was up by 21.9% to € 160.3m.

According to CEO Franz Wohlfahrt, Novomatic will focus on the South American…