Ainsworth Game Technology Ltd
ABN 37 068 516 665
10 Holker Street Newington NSW Australia 2127
Tel: +61 2 9739 8000
Fax: +61 2 9737 9483www.agtslots.com.au
18 July 2018
ASX Release ASX Code: AGI
Ainsworth Game Technology Limited (AGT) - Guidance Upgraded
Ainsworth Game Technology Limited (ASX:AGI) provides the following guidance update.
On 3rd July 2018, AGT provided guidance to ASX for 2HFY18 Profit Before Tax, excluding currency movements to be around $20m and Profit Before Tax for the full year FY18, excluding currency movements, to be approximately $36m.
This guidance was based on the completion of the order to Churchill Downs Incorporated (CDI) as previously announced to ASX. The order to CDI included in the FY18 financial results was for a total of 900 machines. CDI received approval from the Kentucky Horse Racing Commission (KHRC) to increase from 600 to 900 historical racing machines for the opening of its new Derby City Gaming facility.
AGT now expects for 2H FY18 Profit Before Tax, excluding currency movements to be around $22.8m and Profit Before Tax for the full year FY18, excluding currency movements, to be approximately $39.0m. These figures are subject to finalisation of year end procedures and the audit process.
Ends
For further information please contact: Pegasus Advisory
Michael Brown
Email:mbrown@pegasusadvisory.com.au Mobile: 0400 248 080
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Ainsworth Game Technology Limited published this content on 18 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 July 2018 06:51:01 UTC