Gaming company sees strong performance in slot-machine business

  • Aristocrat Leisure’s FY23 net profit increased by 53% to A$1.45 billion
  • Revenue rose 13% to A$6.30 billion
  • Normalized net profit increased by 21% to A$1.33 billion
  • Aristocrat raised its final dividend to A$0.34

Australian gaming company Aristocrat Leisure has announced a 53% increase in its net profit for the fiscal year 2023. The company reported a net profit of A$1.45 billion, compared to A$948.5 million in the previous year. Revenue also saw a significant rise, increasing by 13% to A$6.30 billion. After excluding one-off items, the normalized net profit rose by 21% to A$1.33 billion. Analysts had predicted a normalized net profit of A$1.29 billion from revenue of A$6.22 billion. In addition to the strong financial performance, Aristocrat raised its final dividend to A$0.34, up from A$0.26 last year.

Public Companies: Aristocrat Leisure (ALL.AU)
Private Companies:
Key People:

Track all markets on TradingView

Factuality Level: 8
Justification: The article provides specific financial figures and data from Aristocrat Leisure’s annual report, which can be verified. The information is supported by the company’s official statements and analyst forecasts.

Noise Level: 7
Justification: The article provides financial information about Aristocrat Leisure’s annual profit and dividend increase. However, it lacks analysis or insights into the long-term trends or consequences of the company’s performance. It also does not provide any evidence or data to support its claims. Overall, the article is focused on reporting financial numbers without providing much depth or actionable insights.

Financial Relevance: Yes
Financial Markets Impacted: The financial markets impacted by this news article are the Australian stock market and the gaming industry.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article pertains to the financial performance of Aristocrat Leisure, an Australian gaming company. It reports a significant increase in annual profit and a raise in the final dividend. While this news is relevant to financial markets and the gaming industry, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com