- Revenue to end September of €1,875m. On a like-for-like basis1, revenue rose by +1% and by 5% excluding Amigo and Euromillions, a solid performance in line with the first half.
- The lottery recorded sales of €1,407m, down 1% but up 3% excluding Amigo and Euromillions. The decrease in Amigo revenue since June is linked to the new game formula, revised at the request of the regulator, and that of Euromillions to a sharp drop in the number of high jackpot2 draws, particularly in the 3rd quarter, reflecting the inherent nature of the game
- Competitive sports betting and online gaming open to competition continue to perform well, with revenue up 9% to €360m
- The acquisitions of ZEturf and Premier Lotteries Ireland (PLI) will strengthen FDJ’s model from Q4 onwards
- With the integration of the ZEturf Group and its horse betting business, FDJ has completed its online gaming offering to become the 4th largest operator in the sports betting and online gaming open to competition market in France, with a market share of over 10%
- The acquisition of PLI, authorised by the Irish lottery regulator at the beginning of October, should be finalised in early November. The strategic plan currently being drawn up jointly aims to accelerate PLI’s growth and increase its profitability
- 2023 targets: revenue growth of around 5%, or between 1.5% and 2% on a like-for-like basis, with the current EBITDA margin maintained at around 24% thanks to tight costs control
- The Group will also benefit from a high level of financial income, expected to almost double the figure recorded at the end of June, and reiterates its commitment to distribute between 80% and 90% of its consolidated net income
1 On a 2022 basis including L’Addition and Aleda over comparable periods -i.e €2,514m in FY
2 More than €75m
Stéphane Pallez, Chairwoman and CEO of FDJ Group, said: “Our growth remains solid, with strong players’ demand, even though it has been affected by the low number of Euromillions high jackpot draws. At the same time, the completion of the acquisition of ZEturf at the end of September and the forthcoming closing of Premier Lotteries Ireland acquisition in November illustrate our strategy of internationalisation and diversification. We are delighted that the teams of these two operators are joining FDJ and that these operations will contribute to the Group's sustainable and profitable growth.”
- Revenue to end September of €1,875 million, up 3.9% and 1.3% on a like-for-like basis
At the end of September, gross gaming revenue (GGR) stood at €4,808 million, stable compared with 2022. After €3,044 million in public levies, net gaming revenue (NGR)3 totalled €1,771 million, up 0.8% based on a 2.0% increase in stakes.
Including income from other activities of €103 million, up more than 10% on a like-for-like basis, Group revenue to end September 2023 came to €1,875 million, up 3.9%.
On a like-for-like basis, sales rose by 1.3%. It rose 4.6%, in line with the first half, excluding Euromillions, which was particularly affected by the low number of high jackpot draws, especially in the 3rd quarter, and excluding Amigo, which was relaunched at the beginning of June with a revised formula in accordance with the regulator's decision.
In the 3rd quarter, revenue totalled €586 million, down 1% and 3% on a like-for-like basis.
3 Net Gaming Revenue (NGR) corresponds to the GGR net of public levies. It represents FDJ's remuneration for its gaming activities.
Download the PDF for in-depth information on FDJ’s revenue for the nine months to end September 2023:
About FDJ Group
France’s leading gaming operator and one of the industry leaders worldwide, FDJ offers responsible gaming to the general public in the form of lottery games (draws and instant games), sports betting (through its ParionsSport point de vente et ParionsSport en ligne brands) and poker. FDJ’s performance is driven by a large portfolio of iconic brands, the leading local sales network in France, a growing market, and recurring investments. The Group implements an innovative strategy to increase the attractiveness of its gaming and service offering across all distribution channels, by offering a responsible customer experience.
FDJ Group is
listed on the regulated market of Euronext Paris (Compartment A –
FDJ.PA) and is part of the SBF 120, Euronext 100, Euronext Vigeo 20, EN
EZ ESG L 80, STOXX Europe 600, MSCI Europe and FTSE Euro indices.
For further information, visit www.groupefdj.com
Media contact
+33 1 41 10 33 82 | [email protected]
Investor relations contact
+33 1 41 04 19 74 | [email protected]
