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Aristocrat Leisure – 1H22 Earnings

ASX:ALL} is under Algo Engine buy conditions.

ALL reported normalised 1H22 sales +23% to $2.74bn and EBITDA up +31% $970mn. The share price will remain well supported by the announced on market A$500 mn share buyback program.

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FY23 revenue growth of 7% and EBITDA 10%+, places the stock on 17x forward earnings and a 2.2% yield

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