STEFAN KRENN Executive Board Member NOVOMATIC AG
In 2023, NOVOMATIC achieved a milestone by recording revenues of €3.2bn. Preliminary data suggests that 2024 revenues have surpassed this figure, driven by innovative products and new technologies that heightened demand for both land- based and online solutions.
NOVOMATIC Clear Vision, Clear Strategy
In a recent address at the inaugural ICE exhibition in Barcelona, Stefan Krenn, Executive Board Member of NOVOMATIC AG, provided a comprehensive overview of the company's performance in 2024 and outlined strategic initiatives for 2025.
Celebrating its 45th anniversary, NOVOMATIC has evolved from a start-up in 1980, founded by Professor Johann Graf in Gumpoldskirchen, Austria, into a global leader in the gaming industry. Today, the company boasts over 25,000 employees, operates 300 subsidiaries, engages in business activities across 120 countries, and manages more than 2,200 gaming facilities.
REFLECTING ON 2024
Despite a year marked by geopolitical tensions, economic challenges such as persistent inflation, elevated interest rates, high energy costs, supply chain disruptions, and a dynamic labour market, NOVOMATIC demonstrated resilience. Te company's adaptability to evolving regulatory landscapes and its capacity to swiftly respond to market changes were pivotal in navigating these complexities.
In 2023, NOVOMATIC achieved a milestone by recording revenues of €3.2bn. Preliminary data suggests that 2024 revenues have surpassed this figure, driven by innovative products and new technologies that heightened demand for both land-based and online solutions.
42
Novomatic’s Greentube Group notably contributed to this growth. Key markets, including Germany, Italy, the UK, Spain, and regions in the Americas, all experienced revenue increases.
STRATEGIC INITIATIVES FOR 2025
Aligning with Professor Graf's vision of global expansion, NOVOMATIC plans to intensify its international growth efforts in 2025. Tis strategy involves refocusing and consolidating operations to facilitate further expansion. A significant move in this direction is the decision to divest the Austrian Admiral Group, which manages NOVOMATIC's sports betting operations in Austria.
NOVOMATIC has entered into an agreement to sell this entity to the Tipico Group, a leading sports betting provider in Germany. Tis transaction, pending regulatory approval, will enable NOVOMATIC to concentrate on international growth markets and drive further global expansion.
Announced for the first time at the ICE Barcelona expo, NOVOMATIC
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124
