FDJ United’s Q3 revenue up 29% to €864 million

Finance News

FDJ United saw its revenue jump 29.2% to €864 million, based on reported figures, but it declined 3% based on adjusted figures and -0.7% with constant gaming taxes.

With the 5.7% increase in public taxes, net gaming revenue fell 2.4% to €819 million.

Over the first nine months of the year, the gambling specialist saw its revenue reach €2.73 billion, an increase of 30.2% based on reported figures, or a decrease of 2.1% based on adjusted figures and -1.3% with constant gaming taxes.

In terms of its outlook, FDJ United has clarified its annual objectives and is targeting a turnover of more than 3.7 billion euros, with a current EBITDA of around 900 million euros, and has confirmed that it is counting on a margin rate of more than 24%.

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