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    PMU sets out job cuts in French network transformation

    PMU sets out job cuts in French network transformation

    France's Pari Mutuel Urbain (PMU) is implementing a job cuts plan as part of a transformation of its horseracing network and pools system. While three out of four trade unions have signed the agreement, the French Democratic Confederation of Labour (CFDT) has raised concerns about 'commercial contradictions'.

    Summary based on reporting by SBC News, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.