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Novomatic targets cost synergies as H1 revenue falls 1.8%

2nd September 2019 8:31 am GMT

Austrian gaming operator and supplier Novomatic has recorded a 1.8 per cent decline in revenue in the first half of 2019, as the impact of regulatory changes in Germany and Italy offset growth in its core markets of Austria, Spain and the Netherlands.

Sales revenue in the six-month period ended June 30th amounted to €1,264.7m versus €1,287.3m in the same period a year ago, with Gaming Operations accounting for 63 per cent of revenue and the [...]

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