First Impression: Tatts Group-TTS-FY16 Result

Bell Potter


Tatts Lotteries: Revenue up 8.2% to $2139m, EBIT up 11.3% to $320m (Digital now 13.5% of lottery sales ) | Wagering: Revenue down 3.6% to $609.9m, EBIT down 14.8% to $115.7m, ( UBET launched 30 April 2015- New UBET stores 8.4% turnover growth against local peer set) | Maxgaming revenue up 1.3% to $118.48m, EBIT up 2.1% to $52.4m | Bytecraft revenue up 11.3% to $92.3m, EBIT up 77.1% to $1m | Net operating cash flow down 40.2% to$262.8m (impacted by Tax – payments timing, Higher government payments, Maxgaming NSW monitoring rights instalment of $68.4m).

1 stock mentioned

Bell Potter

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment