FDJ: targets about 5% FY 2023 growth
(CercleFinance.com) - Gross gaming revenue (PBJ) was E4,808m at the end of September, flat compared with 2022.
After government levies of E3,044m, net gaming revenue (NGR) came to E1,771m, up 0.8%, with a 2% increase in bets.
Including revenues from other activities (E103m), up over 10% LFL, net sales for the nine months to end September 2023 came to E1,875m, up 3.9%.
FDJ is targeting sales growth of around 5% in 2023, i.e. between +1.5% and +2% LFL, with an underlying EBITDA margin maintained at around 24%, thanks to sound cost control.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
After government levies of E3,044m, net gaming revenue (NGR) came to E1,771m, up 0.8%, with a 2% increase in bets.
Including revenues from other activities (E103m), up over 10% LFL, net sales for the nine months to end September 2023 came to E1,875m, up 3.9%.
FDJ is targeting sales growth of around 5% in 2023, i.e. between +1.5% and +2% LFL, with an underlying EBITDA margin maintained at around 24%, thanks to sound cost control.
Copyright (c) 2023 CercleFinance.com. All rights reserved.