Aristocrat Leisure Limited’s HY20 Results: No Dividend; Revenue up 7%

May 21, 2020 12:14 PM AEST
Team Kalkine

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

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