International Game Technology had total revenues in the calendar year 2016 of US$5.1bn, compared with $4.6bn the previous year, it has been revealed.
Operating income was up from $539.9m to $660m. The group’s adjusted EBITDA was $1.7bn compared with $1.6bn. The group, which deals in 100 countries world-wide and has 12,000 employees, merged with GTech in 2015 and it reports that only some of the GTech operations were included in its first quarter results.
The 2016 results, said the company, were impacted by the strengthening US dollar compared with the euro. Marco Sala, CEO of IGT, said: “We reached many important milestones in 2016. We reinforced our number one position in lotteries globally, achieving robust same-store revenue growth and securing valuable multi-year contracts.
“We also made good progress with our gaming turnaround, developing compelling new titles and hardware, in addition to expanding our international presence. We operate in growing global market segments and IGT has a long history of investing in innovation to create shareholder value.”