(Adds lotteries segment performance, share movement, background)
Nov 28 (Reuters) - Australian lottery operator Tatts Group Ltd (TTS) on Tuesday posted a 15 percent rise in first-quarter net profit from continuing operations, driven by strong sales from its lotteries business and controls on expenses.
Tatts said net profit from continuing operations rose to A$67.2 million ($51.1 million), while quarterly revenue rose 7 percent to A$743.1 million.
Revenue from its lotteries arm rose nearly 9 percent thanks to strong performance from Saturday Lotto, Powerball and Oz Lotto.
In the wagering division, Tatts posted a 2 percent rise in first-quarter turnover and said digital sales continued to grow strongly.
Shares of the lottery operator were up 0.1 percent in early trade, in line with the benchmark index (xjo)
In August, Tatts said full-year 2017 net profit after tax fell 5.7 percent to A$220.5 million
($1 = 1.3153 Australian dollars)
News: TAH UPDATE 1-Australia's Tatts Q1 profit climbs as lotteries revenue rises
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
72.5¢ |
Change
-0.015(2.03%) |
Mkt cap ! $1.657B | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.5¢ | 72.5¢ | $1.735M | 2.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 91691 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 31639 | 1 |
View Market Depth
| Last trade - 16.12pm 08/08/2025 (20 minute delay) ? |
| TAH (ASX) Chart |