The release in May of Novomatic AG’s Annual Report for 2012 showed a balance sheet that the the Group CEO, Dr. Franz Wohlfahrt described as ‘absolutely gratifying’.
Turnover grew by 10.8 per cent to EUR 1.537 billion while EBITDA increased by 8.2 per cent to EUR 531 million.
The Novomatic Group’s overall added turnover reached EUR 3.228 billion. The Group’s accumulated EBITDA amounts to EUR 666 million. The Group of Companies employs more than 19,000 employees worldwide.
With a turnover amounting to EUR 1.537 billion in the fiscal year of 2012 (a rise of 10.8 per cent compared with EUR 1.387 billion in 2011) NOVOMATIC AG hit a new record in the company’s history. The EBITDA (earnings before interest, taxes, depreciation and amortization) rose by 8.2 per cent to EUR 531 million (2011: EUR 491 million). In 2012 NOVOMATIC AG employed an average of 13,352 employees (2011: 11,818) thus marking a workforce increase of 15 per cent, with 2,700 staff working in Austria.
“The balance sheet for 2012 is absolutely gratifying, considering that we are still living in economically challenging times. Nonetheless have we been able not only to achieve a record turnover, but once again provide significantly more jobs. After the breakout of the financial and economic crisis, our founder and proprietor, Professor Johann F. Graf, decided that the protection of jobs has to remain more important than profit maximization. The results for 2012 prove that this approach, carefully balanced with a strategy of cost efficiency and constant optimization, was the right approach”, said Dr Franz Wohlfahrt, CEO NOVOMATIC AG at the Annual Report press conference at the Novomatic Forum in Vienna.
The accumulated turnover of the NOVOMATIC Group, consisting of the NOVOMATIC AG as well as the two Swiss sister companies ACE Casino Holding AG and Gryphon Invest AG, has also increased in 2012: the added, non-consolidated turnover reached EUR 3.228 billion (2011: EUR 3.193 billion). The Group’s EBITDA amounted to EUR 666 million. The profit or loss on ordinary activities of the NOVOMATIC Group rose by 9.1 per cent, reaching EUR 359 million (2011: EUR 329 million). Worldwide, the group employed more than 19,000 employees (2011: 18,000).