FDJ posts 17% revenue rise in 2024 and announces rebrand
FDJ UNITED formerly FDJ Group a leader in betting and gaming in Europe, announces its 2024 results.
The Group is also indicating its 2025 outlook, taking into account the impact of tax increases on betting and gaming, particularly in France, and the multi-year action plan put in place to offset this.
The group generated 2024 revenue of €3,065m, up 17%. Excluding Kindred, the increase was 10% and 6% for gaming activities in France alone. Posted recurring EBITDA of €792m, up 21%, i.e. a margin of 25.8%. On a pro forma basis, Group revenue came to €3,788m and recurring EBITDA to €964m, i.e. a margin of 25.5%.
Stéphane Pallez, Chairwoman and Chief Executive Officer of FDJ UNITED, said: “FDJ UNITED achieved a very strong performance in 2024.
Following the integration of Premier Lotteries Ireland and ZEturf in 2023, the acquisition of Kindred opens a new chapter, more international and more diversified, in the long history of our Group.
To reflect its new strategy aimed at achieving lasting growth across Europe, FDJ is changing its name to FDJ UNITED.
With its position as a leader in betting and gaming in Europe, FDJ UNITED has a sturdy base from which to pursue its strategy of creating value for the benefit of all its stakeholders, in keeping with its business model that combines performance and responsibility.”