(CercleFinance.com) – La Française des Jeux (FDJ) announces that it is raising its 2025 objectives, now aiming for average annual revenue growth of between +4 and +5% in 2021-25, an EBITDA margin rate above 25% and a distribution rate of net income between 80 and 90% from 2022.
In 2021, the group achieved a net result of 294 million euros and an EBITDA margin of 23.1%, for an annual turnover of 2.3 billion euros, an increase of 10% compared to compared to 2019, based on stakes up 11% to 19 billion.
A dividend of 1.24 euro per share, or 80% of consolidated net income, will be proposed to the general meeting on April 26. For 2022, FDJ is targeting revenue growth of nearly +5% and an EBITDA margin rate of more than 23.5%.