JP Morgan predicts that Aristocrat Leisure will have revenues 20% higher than in 2021

According to JP Morgan, the company's business has recovered above the levels prior to the COVID-19 health crisis and will possibly continue to grow, although they warn that there are changing trends in the industry.

More specifically, JP Morgan predicts Aristocrat will post revenue of $4 billion, up 20% year-over-year. As for EBITDA, they think it will increase by a similar figure (+20.5%) and will reach about $1,280 million

By the end of September, when its fiscal year ends, Aristocrat is expected to receive about $673 million in net profit, which is 18.3% more than the company earned in 2021.

Specialists stress that Aristocrat's solid recovery is due to the success of the company's business in multiple regions such as Australia, New Zealand, the Americas, Macao and Singapore, among others.



Speakers:

Trevor Croker, CEO & Managing Director, Aristocrat Leisure Limited
Don Carducci, Gaming Analyst, JP Morgan

https://ir.aristocrat.com/static-files/43621961-2ada-4f08-9442-d88003fea551