FDJ Groups’s first-quarter revenue was €1,428 million, up 11% compared with the first half of 2023 and up 5% on a like-for-like basis.

Revenue of gaming activities in France up 7% to €1,299 million. Lottery revenue up 5% to €1,005 million, thanks to a good performance from instant games and draw games

Sharp rise in sports betting and online gaming open to competition, up 15% to €294 million, boosted by sports results exceptionally favourable for FDJ

Very sharp rise in digital revenue to €201 million, up 40% when including the acquisitions of PLI and ZEturf, and up 25% on a like-for-like basis. This performance is still largely attributable to the increase in the number of players and takes the digital share of revenue to 15%. Point-of-sale revenue up 8% and up 3% in France

Recurring EBITDA of €370 million, up 23%, giving a margin of 25.9% which benefits from the exceptional effect of high sports betting margin

Adjusted net profit up 28% to €235 million: Continued high level of net financial income.

2024 targets confirmed: Revenue growth of around 8% for the Group and around 5% for gaming activities in France. Recurring EBITDA margin of around 24.5%.

Stéphane Pallez, Chairwoman and CEO of the FDJ Group, said: “The second quarter confirmed the positive trend seen since the beginning of the year thanks to our network of points of sale and to a very strong momentum from digital games, which now account for 15% of Group revenue.

This solid performance confirms our annual targets. In addition, we hope to finalise the acquisition project of Kindred in the near future, thereby marking a major new step in the Group’s development, both internationally and in our online sports betting and gaming activity, to the benefit of all our stakeholders.”