Aristocrat Leisure Limited (ASX:ALL) announced its half year FY 2020 results for the period ended 31 March 2020. The Company’s financials were materially impacted by the shutdown induced by COVID-19 on land-based customers. To enhance the Group’s liquidity position, ALL decided to withdraw its interim dividend for FY 2020.
Key highlights are as follows:
- Group revenue stood at $2.25 billion, an increase of 7 per cent
- Land-based revenues decreased by 6 per cent and Digital revenue grew by 19 per cent on pcp basis (in local currency, over the reporting period)
- EBITDA and NPAT decreased by 14.5 per cent and 14.2 per cent on pcp basis