FDJ: Q3 revenues up 5%
(CercleFinance.com) - La Française des Jeux has published Q3 revenues of 529 million euros, up 5% y-o-y.
At the same time, betting stakes increased by 4%, to 4.5 billion euros.
FDJ has benefited from the reopening of its entire network since the beginning of June, with a 2% increase in point-of-sale releases, a far cry, however, from the growth in digital releases (+ 20%), which now represent 11%. total stakes.
At the end of the first nine months of the year, FDJ's sales increased by 8%, to 1,611 million euros, compared to the first nine months of 2020, while stakes reached 13.7 billion euros (+9%).
In this context, FDJ confirmed its outlook for FY 2021, with sales of 2.2 billion euros, on a basis of stakes of around 18.8 billion euros, and an EBITDA margin of at least 22%.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
At the same time, betting stakes increased by 4%, to 4.5 billion euros.
FDJ has benefited from the reopening of its entire network since the beginning of June, with a 2% increase in point-of-sale releases, a far cry, however, from the growth in digital releases (+ 20%), which now represent 11%. total stakes.
At the end of the first nine months of the year, FDJ's sales increased by 8%, to 1,611 million euros, compared to the first nine months of 2020, while stakes reached 13.7 billion euros (+9%).
In this context, FDJ confirmed its outlook for FY 2021, with sales of 2.2 billion euros, on a basis of stakes of around 18.8 billion euros, and an EBITDA margin of at least 22%.
Copyright (c) 2021 CercleFinance.com. All rights reserved.