Vienna Economic Forum congratulates its cooperation partner NOVOMATIC Group to a new record of revenues of 3.2bn EUR.
Dr. Franz Wohlfahrt, CEO of NOVOMATIC AG and Member of the Board of Vienna Economic Forum: “We owe these excellent results to our successful strategy of anticyclical investments in economically challenging times, to accurate optimising measures as well as to the exceptional commitment of our employees“
The NOVOMATIC AG reports new record figures for the fiscal year 2011: with revenues amounting to 1.387bn EUR (plus 17,2%) (2010: 1.184bn EUR). The EBITDA (earnings before interest, taxes, depreciation and amortisation) increased by 9,2% to 491m EUR (2010: 449m EUR). In 2011 the NOVOMATIC AG employed an annual average of 11,818 staff (2010: 10,544) which is a rise of 12%. 2,850 of the staff work in Austria.
The total revenues of the NOVOMATIC Group – comprising NOVOMATIC AG as well as the two Swiss affiliates ACE Casino Holding AG and Gryphon Invest AG – hit in 2011 for the first time the landmark of three billion Euros: the added, non-consolidated revenues amounted to 3.193bn EUR (2010: 2.816bn EUR), which is a plus of 13,4%. The EBITDA of the NOVOMATIC Group rose by 17,2%, reaching 652m EUR (2010: 556m EUR). The Group counted 18,000 staff (2010: 17,000, plus 6%) worldwide.