
Casinos Austria and Austrian lotteries: all-time highs in sales, operating income, and tax performance
Vienna (OTS) – In the past fiscal year, Casinos Austria and Austrian lotteries group achieved according to preliminary Figures, consolidated sales of 4.49 billion euros, which represents an increase of 11.7 percent compared to the previous year. This positive development clearly shows that the products and services of each company are well received by the market. Positive for the customers: The 3.15 billion euros in retained earnings, a historical high.
Equally pleasing was the success of a farm of 143,95 million euros, increased compared to the previous year.
The consolidated net result for 92,66 million euros slightly below the previous year (100,63 million euros), adjusted for non-recurring effects in the Casinos in Austria and internationally could, however, also be achieved here to increase.
A direct consequence of the positive sales development of a record is expensive performance: With over 620 million euros for the group of companies is one of the largest taxpayers in the country.
„We are with the past financial year, satisfied. Our employees have done Great, because after the record year of 2017, our group was able to grow in almost all areas of the company to 2018-operatively. Especially in our largest business area, the lotteries, have achieved a very good result. The Casinos in Austria, there was something against the wind. The Outlook for the group is thus more positive. For the current year, a number of innovative steps are planned or already in implementation in order to strengthen our performance profile designed specifically for the modern audience and thus to secure the profitability of tomorrow“, commented General Director Alexander Labak the current Figures.
For the Austrian lotteries 3.94 billion Euro, the highest sales in the company’s history. This expresses, of course, in operating income for 2018 at € 75.7 million. Reasons for this development is the end of 2017, are especially successfully introduced Lotto plus, but also an improved sales performance, and actively driven digitization offensive. The first seven jackpot in the Lotto history did the Rest.
The online gaming platform win2day also benefited by the inclusion of Novomatic products and was able to increase sales by 11,74% to 1.8 billion euros.
The now 19 WINWIN Outlets (Video Lottery Terminals) are back in the profit zone and were able to achieve a turnover of 731,58 million euros, which represents an increase of 39.3 percent compared to 2017.
Equally pleasing is the development of Casinos Austria International is A significant increase in sales to 150,5 million Euro (2017: 131,76 million euros), with 17.4 million euros, the best operating result since a long time. The group effective 5.9 million euros include adjustments for one-time costs in the context of the Site.
The 12 Austrian Casinos brought in revenue of 314,13 million Euro (2017: 330,14 million Euro) – after all, the third-largest sales of the past 15 years. In view of the impact of the new competitive Situation in Liechtenstein, or the necessary adjustment of provisions for Staff benefits on the basis of new mortality tables, and other personnel policies is the resulting operating profit of EUR 6.1 million (2017: EUR 18.7 million) an acceptable result.
Of the 56 percent for the group of companies associated with the sports betting provider tip 3 has been beaten in the football world Cup of the year against national and international wagering providers and is approximately at the level of the previous year.
Away from the core business, the social commitment is a traditional Central area of our company group, such as, for example, the Austria-wide unique introduction of a comprehensive Corporate Volunteering programme. Here, employees can defined an entire week of work and social projects. In total, the 2018 have been provided over 2,300 hours of work. „I am very proud of what our employees are with your great commitment here. I was able to experience in the context of our five-day Corporate Volunteering programme, and how fulfilling this experience is,“ says Director-General Labak finally.
Patrick Minar
Head Of Corporate Communications
Casinos Austria AG and Austrian lotteries GmbH
Tel.: +43/0/664 527 55 82
E-Mail: patrick.minar@casinos.at
Homepage: www.casinos.at; www.lotterien.at