FDJ: turnover up 7% in the 1st quarter


(AOF) – The FDJ announces a turnover for the first quarter of 710 million euros, an increase of 7%. The games of chance operator specifies that its turnover from gaming activities in France reached 645 million euros, an increase of 3%, with a high basis of comparison in the first quarter of 2023. The dynamics of online games is “good” with a turnover of 100 million euros, or almost 15% of the turnover of the group’s gaming activities. The completion of the takeover bid for Kindred remains subject in particular to obtaining regulatory authorizations.

“All of our activities are growing, thanks to our network of more than 29,000 points of sale and the continued strong momentum of digital games, which today represent 15% of the turnover of the company’s gaming activities. group”, summarizes CEO Stéphane Pallez.

“FDJ had a good start to the year, in line with its 2024 objectives,” he added. In February, the group announced that it was targeting an increase in turnover from lottery and sports betting and competing online gaming activities in France of around 5%, and 8% for the group. The EBITDA margin during 2024 should be around 24.5%.

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