Société Française de Casinos returns to profit in 2022 after the health crisis – 02/28/2023 at 18:22


(AOF) – The Société Française de Casinos (SFC) recorded consolidated gross revenue of 21.1 million euros for the 2021-2022 financial year. This turnover is 3.8% higher than that achieved in the 2018-2019 financial year before the health crisis, despite a decline in attendance of around 5%. Net profit attributable to the Group amounted to 4.8 million euros compared to a loss of 659,000 euros the previous year. Ebitda stands at 2.443 million against a loss of 1.438 million last year.

The Group’s consolidated shareholders’ equity amounted to 10.1 million euros at October 31, 2022, compared to 8.3 million at the end of the previous financial year.

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World tourism still on the rise

Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a strong level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations recorded notable increases in receipts, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.



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