PARIS (Agefi-Dow Jones)–The gambling operator La Française des Jeux (FDJ) announced on Wednesday that it was “in line” with its objectives for this year, after recording growth in its revenues. in the first trimester.
For the period from January to March, the group published a turnover of 710 million euros, an increase of 7.2% in published data compared to the first quarter of 2023. On a comparable basis, revenues increased by 1.1%.
The turnover of gaming activities in France came to 645 million euros, up 3.1% year-on-year.
“FDJ had a good start to the year, in line with its 2024 objectives,” commented Stéphane Pallez, president and CEO of FDJ, quoted in a press release. Last February, the company said it expected an increase of around 8% in its turnover and a current gross operating surplus (Ebitda) margin of around 24.5% for 2024.
“We are also continuing, with confidence, the Kindred acquisition project announced at the end of January,” added Stéphane Pallez.
-Vincent Alsuar, Agefi-Dow Jones; +33 (0)1 41 27 47 39; [email protected] ed: LBO
FINANCIAL RELEASES FROM THE FDJ:
https://www.groupefdj.com/presse/
Agefi-Dow Jones The financial newswire
Dow Jones Newswires
April 17, 2024 12:28 ET (16:28 GMT)