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Record turnover: Gaming provider Novomatic strategy pays off

2016-08-31 11:23:04

It’s been a great year for the Austrian gaming technology provider Novomatic AG Group. The company announced its annual turnover for the fiscal year 2015.

The reported revenue amounted to €2.09bn. This is a 6% increase, despite a 20% drop in annual profit to €220.7m.

The revenue increase, the provider noted, was largely the result of greater earnings through rental fees. The figure improved by an immense 8% to €594.7m.

According to Novomatic, this was the “highest turnover in its 35-year history.”

“This annual result is proof of the successful implementation of our strategy to cover all the segments of the international gaming industry as a full-service supplier, and to further extend our market share in key European gaming markets such as Spain, the United Kingdom and Italy,” said Harald Neumann, CEO, in a statement.