Major gaming machine supplier and operator Novomatic has seen sales surpass €2.5bn for the first time, the company has announced.
The company enjoyed EBITDA of €587m and cash flow of €419m. It now has 25,500 employees worldwide. In its home country, Austria, Novomatic released €1.1bn in prizes, it said in its report.
The group’s 2017 annual report showed that gaming operations increased revenues to €1.58bn compared with €1.32bn in the previous year, forming 63 per cent of the total revenue. Gaming technology contributed €937m, down slightly on the previous year when it was €947m.
Of the 25,536 employees (up from 23,849), 3,300 are employed in Austria. They work in 223 companies. Novomatic’s contribution to the Austrian state taxes reached €539m, up from €426m.
The company’s CEO, Harald Neumann, said that Spain was a major driver with a 50 per cent increase in sales, but that central Europe, Italy and the UK also performed well.
