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Novomatic group forecasts record revenues for 2017

Harald Neumann, chief executive officer of Novomatic AG, at a press conference in London last week, revealed the expectation of a new revenue record for 2017 in which initial assessments indicate accumulated revenue of Euro 4.8 billion (2016: Euro 4.4 billion).

Citing strong growth, primarily through strategic acquisitions, Neumann said the finalisation of the company’s majority holding in Australian industry giant Ainsworth Game Technology Limited marked a significant milestone in the history of NOVOMATIC AG.

“Having grown a lot over the past few years, we will this year focus on increasing synergies between companies and, correspondingly, on more effective internal structures,” Neumann said. “Nevertheless, we will continue to watch the market and make purchases, where it makes sense.”

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