Aristocrat beats expectations

This gambling heavyweight has increased profit guidance for its interim result thanks to growing market share.

Aristocrat Leisure has increased its expectation for underlying net profit to around $183m for the six months to 31 March, up 66% on the prior corresponding period. Management expects the business to achieve similar profitability in the second half of the financial year. The good result is thanks to growing market share, particularly in the USA, and strong growth in digital sales.

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