Aristocrat Leisure Limited (ASX:ALL) provided further update on the measures taken to mitigate COVID-19 pandemic on its business.
- Keeping the health & wellbeing of its people, their families, customers and supplier as the top priority, ALL’s 99% workforce are supporting work from home.
- Nearly all of ALL’s land-based clients worldwide have suspended operations since mid-March. Re-openings would take place in phases with a gradual ramp up in patronage.
- ALL continues to execute a comprehensive COVID-19 response aiming on safeguarding its strategic advantages & positioning the land-based business to respond promptly as demand returns.
- Balance sheet of ALL remain strong with more than $1 billion liquidity.
- Suspended FY2020 Interim dividend.
- ALL’s Digital business continues to perform strongly. Reports improved bookings & player engagement clear across most of its portfolio.
Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform.
All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
