La Française des Jeux (FDJ) has announced a 12% increase in revenue by the end of September 2024, reaching €2.097 billion, with a 6% growth on a like-for-like basis.
Key figures:
- Gaming revenue in France rose by 8% to €1.907 billion.
- Lottery revenue grew by 7%, reaching €1.5 billion, driven by strong performance across all game categories.
- Sports betting and online gaming revenue grew by 13% to €407 million.
- Point-of-sale revenue increased by 3% in France and by 9% including Ireland. Digital revenue reached €302 million, up 39% (or 25% on a like-for-like basis), representing 15% of total revenue.
2024 outlook revised upward:
- FDJ now expects close to 9% revenue growth and over 5% for gaming activities in France, with a recurring EBITDA margin of around 25%.
- Including Kindred from 11 October, reported 2024 revenue is expected to grow by around 16%, with a recurring EBITDA margin of approximately 25%.
Success of FDJ’s tender offer for Kindred:
FDJ has acquired a 91.77% stake in Kindred since 11 October and expects to reach 100% ownership in the coming weeks. This acquisition creates a European champion with a diversified and balanced profile.
Moody’s confirms FDJ’s strong ESG score:
FDJ maintains a strong ESG rating of 71/100, ranking first in the Hotel, Leisure Goods, and Services sector.
18+ | Juegoseguro.es – Jugarbien.es
