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Aristocrat Leisure Reports Strong Financial Growth and Strategic Advances in 2024

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Aristocrat Leisure Reports Strong Financial Growth and Strategic Advances in 2024

Aristocrat Leisure Limited ( (AU:ALL) ) has shared an update.

In the 2024 financial year, Aristocrat Leisure Limited reported significant progress and financial success, achieving a 17% increase in normalized group profit to $1.6 billion and a 20% increase in EPS. The company maintained a strong capital allocation strategy, completing the acquisition of NeoGames and launching a new $750 million share buy-back program while planning to repay a $250 million debt facility early. These strategic moves aim to strengthen Aristocrat’s position as a leading player in the online real money gaming sector, while also focusing on protecting intellectual property and investing in growth opportunities.

More about Aristocrat Leisure Limited

Aristocrat Leisure Limited is a global entertainment and gaming content creation company, specializing in electronic gaming machines, casino management systems, free-to-play mobile games, and online real money games. The company operates in regulated land-based gaming, regulated online real money gaming, and social casino sectors, with a mission to bring joy through play, supported by over 7,300 employees worldwide.

YTD Price Performance: 8.56%

Average Trading Volume: 3,073

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $30.79B

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