Revenue up 5% in constant currency; reported revenue up 12%
• Revenue growth driven by strong performance of North American Gaming Operations and global Outright Sales
• Pixel United revenues reduced in local currency in a challenging macro environment where it continued to take share
• EBITA broadly stable in constant currency, with positive revenue drivers offset by lower margins in Gaming and Pixel United reflecting: o Continued, but easing, supply chain challenges o Product mix favouring Outright Sales o Sustained investment over time in great talent, technology and product underpinned strong performances
• Strong operating cash flow and superior financial fundamentals maintained
• Conservative balance sheet and ample liquidity, with higher interest income benefiting net interest
• $338 million cash returned to shareholders through dividends and on-market share buy-backs, while maintaining full investment optionality
More 2924-02667167-2A1449951 (markitdigital.com)
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