Novomatic confirms record revenue in 2016
Novomatic has announced that it was able to achieve record revenue of €2.29 billion ($2.43 billion) in the 2016 financial year.
The figure represents a 10% year-on-year increase on the amount posted in the previous year, while the firm was able to boost its total number of employees by 18.1% to 23,849.
Combined group revenue of the Novomatic Group, as well as Swiss sister holding companies ACE Casino Holding AG and Gryphon Invest AG, also reached a new high of €4.4 billion, up from €3.93 billion in 2015.
In addition, Novomatic said that when its employee base is combined with those of its sister companies, the total number of staff within the group is approximately 29,000.
Harald Neumann, chief executive of Novomatic AG, said: “Not only did we achieve excellent financial results in 2016, but we also set out clear strategic paths that are particularly important for the further expansion of the Group of companies.
“These include the signing of an agreement to acquire approximately 53% of the shares in the publicly traded Australian company Ainsworth Game Technology Ltd.
“Thanks to the strong presence of Ainsworth in Australia, Asia, North and South America, Novomatic will, in future, also intensify its work in these markets.”
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