Published
OnlineFinancial

FDJ reports €1.1bn in revenue for H1

In an H1 2021 trading update, French operator Groupe FDJ has revealed a 9% year-on-year increase in revenue, to €1.1bn ($1.3bn).  

2021revenue

The revenue showcases stakes of €9.2bn, an 8% growth in all activities: 4% in lottery, 25% in sports and betting, while all distribution channels had online stakes worth 12%.  

EBITDA of €261m represented a margin of 24.1%, which was boosted by a deferral of commercial expenses.  

Recurring operating profit and net profit was €198m and €146m respectively.  

The group also adds it is “reaffirming its commitment to responsible gaming and the prevention of underage gambling, by systematically accompanying its lottery and sports betting advertisements with dedicated messages.” 

The group says its outlook for 2021 is to maintain momentum and accelerate its commercial investments in the second half of the year.  

FDJ expects to record stakes worth around €18.8bn, for revenue of €2.2bn in 2021, with an EBITDA margin “greater than or equal to 22%." 

Stéphane Pallez, FDJ Chairwoman and CEO, said: “The second quarter confirmed a recovery in our business to levels above those recorded before the crisis. Our stakes are increasing, both online and in our point-of-sale network. 

“Over the half-year, we accordingly recorded an increase of nearly 9% in revenue compared with the same period in 2019. Barring new restrictions in response to developments in the health situation, the Group expects to maintain good momentum in the second half and is confident in its business and results prospects in accordance with its responsible gaming model.” 

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...