FDJ reports strong increase in first-half results
FDJ has reported a 33 per cent increase in turnover to €9.16bn, EBITDA was €261 million, i.e. a margin of 24.1% exceptionally boosted by a deferral of commercial expenses to the second half. Revenue was €1.1 billion, up nearly 9% compared with the first half of 2019.
Stéphane Pallez, Chairwoman and CEO of FDJ, said: “The second quarter confirmed a recovery in our business to levels above those recorded before the crisis. Our stakes are increasing, both online and in our point-of-sale network. Over the half-year, we accordingly recorded an increase of nearly 9% in revenue compared with the same period in 2019.
Barring new restrictions in response to developments in the health situation, the Group expects to maintain good momentum in the second half and is confident in its business and results prospects in accordance with its responsible gaming model.”