Aristocrat Leisure has reported a 5% increase in revenue to AU$6.60 billion for the full year.

Revenue was up 5% (5% in constant currency) driven by exceptional performance in North America Gaming Operations, with ~7,100 net units added to the installed base.

17% growth in normalised NPATA to $1.6 billion (17% in constant currency) reflecting effective execution of our growth strategy, operating leverage, ongoing investment in organic growth initiatives and cost optimisation across the Group.

Pixel United continued to gain share in the key Social Slots genre, with a strong focus on optimising UA spend and operational efficiency, delivering strong margin improvement.

Aristocrat Interactive delivered strong revenue growth, driven by organic growth in Platforms and continued scaling of iGaming across North America and Europe, and the inclusion of five months of NeoGames and a full year of Roxor in FY24.

Net profit after tax and before amortisation of acquired intangibles (NPATA) of $1.6 billion was 17% above the prior corresponding period (PCP) in reported terms (17% in constant currency). This reflected the Group’s competitive portfolio of scaled, world-class gaming assets, effective execution of our operational plans and broader growth strategy, continued strong organic investment in talent, technology and product, and overall cost discipline.

Aristocrat’s Chief Executive Officer and Managing Director, Trevor Croker, said “This was an outstanding result, reflecting Aristocrat’s ability to grow through mixed operating environments and control a range of levers to deliver EPS growth of 20%.

“The Group delivered strong revenue and EBITDA growth over the year. This was underpinned by Aristocrat Gaming’s performance, led by an exceptional North America Gaming Operations result with a record installed base unit growth of ~7,100 net additions over the PCP. There was strong momentum in Aristocrat Interactive, with the inclusion of NeoGames for five months, while Pixel United achieved improved profitability. This result again highlights resilience and scale as fundamental strengths of our business, supported by an effective focus on operational efficiency and extracting operating leverage.

“We established Aristocrat Interactive during the year, and are progressing in the integration of NeoGames into the business. The creation of Interactive was a significant strategic milestone, and we are seeing momentum build across all areas of the business, with excitement and confidence about its prospects.

“We continued to progress our sustainability agenda in FY24. Aristocrat recently adopted a fresh medium term sustainability strategy, underpinned by our first double materiality assessment. The strategy reflects a significant step-up in the sophistication of our efforts, and the detail of our disclosures, as we work towards mandatory reporting on climate and other issues. Responsible Gameplay remains our most critical sustainability matter, directly supporting our ability to deliver sustainable results over the long term, and benefitting our people, customers and shareholders.

“$1.3 billion of cash was returned to shareholders through dividends and on-market share buy-backs in the period, in line with the Group’s capital allocation framework.

“Looking ahead, we continue to see strong momentum in our core business as we focus on portfolio performance and seek to capture the significant strategic opportunities in front of us. We are committed to our capital management strategy and our ongoing on-market share buy-back program, and to implementing the outcomes of the strategic review of the Group’s casual and mid-core gaming assets,” Mr Croker concluded.