Online stakes and lottery drive FDJ’s first half revenue

Finance News

FDJ has reported strong growth in lottery revenue (+17%), with all points of sale open in 2022, whereas 10% of them were closed in H1 2021.

Change in sports betting revenue (-5%) reflecting a high 2021 basis of comparison (UEFA Euro 2020) and before the FIFA World Cup at the end of the year

Good momentum in point-of-sale stakes (+10%) and online stakes (+9%), which represent 12% of total stakes. Rebound in online lottery stakes in Q2, +31% compared to Q2 2021, i.e. +14% over the half year, driven by growth in the number of players.

EBITDA of €308 million (+18%), representing a margin of 25.4% compared to 24.1% in H1 2021.

Stéphane Pallez, Chairwoman and CEO of the FDJ Group, said: “The second quarter confirmed the positive trend at the start of the year, notably for the Lottery. Our business grew over the half year, both at points of sale and in digital. Given the deterioration in the global economic environment, the Group remains cautious but confident in its outlook, based on its extensive and responsible gaming model.

We continue to invest to back the development of our activities, including those of Payment and Services, with to two acquisitions, Aleda and L’Addition. The Group is pursuing its sustainable and profitable growth strategy for the benefit of all its stakeholders. “