FDJ Group’s 2021 revenue up 10% from 2019
Francaise des Jeux (FDJ) has said 2021 was “très bonne”, posting €2.3bn ($2.6bn) in revenue, up 10% from pre-pandemic levels.
FDJ Group, which operates France’s national lottery, has published its financial results for the prior year, reporting healthy revenue and growth figures.
Compared to 2019, the French company’s wagers grew by 11% to nearly €19bn, driven by “strong digital momentum.”
Digital bets now represent more than 11% of total wagers, while across its point-of-sale network, FDJ experienced 5% growth over pre-pandemic levels.
Likewise, FDJ’s EBITDA for the full year amounted to €522m, representing a margin of 23.1% and up 22.2% from 2020. Its net income, meanwhile, was €294m.
And in 2021, FDJ said it strengthened its societal commitments. The group dedicated 10% of its television advertising budget to responsible gambling, launched its Rebond fund to support local businesses and contributed approximately €6.2bn to France’s national coffers, while creating or maintaining 54,800 jobs.
For 2022, the group aims to see at least 5% revenue growth and an EBITDA margin rate above 23.5%
“2021 marks the return of FDJ to its pre-crisis growth trajectory for all of its activities,” remarked FDJ Group Chairman and CEO Stéphane Pallez.
“The group’s 2021 results are significantly higher than those recorded in 2019, thanks to the acceleration of digital and the growth in the network of points of sale.
“These performances testify to the relevance of our strategy and lead us to revise upwards the 2025 objectives communicated at the time of the group’s IPO, both in terms of growth and EBITDA margin.
“At the same time, we are pursuing our societal commitments, which have already been strongly reinforced since the start of the health crisis.”
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