Novomatic Posts Record Annual Sales

Austria’s largest international iGaming solutions company, Novomatic, has publicly posted the impressive annual financial report which sees the company break many new records, not least of all the overall sales that have reached €2.5 billion for the first time since the company’s inception.

Beside this crucial stat, the key indicators for the year ending on December 31, 2017 were as follows:

• The number of employees worldwide rose from 23,849 in 2016 to 25,536 in 2017.
• Gaming operations segment increased revenues from €1,326 billion in 2016 to €1,587 billion in 2017.
• Customer payouts in Austria increased from €1 billion in 2016 to €1.1 billion in 2017
• EBITDA remains stable (€586million in 2016, €587 million in 2017)
• Spanish market had bigest growth with sales increased over 50%.Markets such as Italy and Great Britain also performed well
• Gaming technology supply revenue is down from €947 million in 2016 to €937 million in 2017

Novomatic Group is one of the biggest producers and operators of gaming technologies, founded in 1980 by Johann F Graf. The group has locations in more than 50 countries, where teams work on cutting-edge innovations in the world of slot, table and other casino games, as well as additive products such as casino management systems, sports betting and lottery betting solutions, among other things.

Harald Neumann, Novomatic’s CEO, commented on these results: “After rapid growth over the last few years, in particular through the acquisition of companies, the time has come to optimize internal processes and structures on an international level. It’s the best way to prepare for the future.“

Source:

“Novomatic AG Sales Reach EUR 25 Billion For the First Time“, novomatic.com, April 28, 2018.