Interim Results for six months to 31 December 2014

MEDIA RELEASE

11 February 2015

SKYCITY Entertainment Group Limited
Interim Results for six months to 31 December 2014

Result Highlights:

• Normalised revenue up 9.2% to $510.0 million, normalised EBITDA up 3.1% to $154.4 million and normalised NPAT up 0.3% to $66.6 million

• Continued strong growth in Auckland across all business segments, with normalised revenue up 17.2% and normalised EBITDA up 15.0%

• Strong growth in group-wide International Business with turnover and normalised revenues up 83.6% and normalised EBITDA up 133.9%

• Return to revenue and EBITDA growth in Hamilton

• Redevelopment of existing Adelaide Casino now complete, but as foreshadowed performance significantly impacted by disruption

• EBITDA growth achieved in Darwin despite challenging local market

• Momentum of 1H15 continues into January 2015, with group normalised revenues up 23.2% and International Business actual win rate back above theoretical

• Interim dividend maintained at 10 cents per share

SKC_Interim_Results_Media_Release_FINAL.pdf

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