Française des Jeux (FDJ) reported €2.3 billion of revenue in 2021, up 10% from pre-pandemic levels. FDJ, which operates France’s national lottery, has published its financial results for the previous year, reporting healthy revenues and growth figures.
Compared to 2019, the French company’s bets grew by 11% to almost €19 billion, leveraged by the “strong digital drive”. Digital betting now accounts for over 11% of total betting, while across its entire network of outlets, FDJ has seen 5% growth from pre-pandemic levels.
Likewise, FDJ’s EBITDA (earnings before interest, taxes, depreciation and amortization) for the year totaled €522 million, representing a margin of 23.1% and 22.2% higher than 2020. Its net income, by turn was €294 million.
Last year, the FDJ revealed that it has strengthened its social commitments. The group devoted 10% of its television advertising budget to responsible gambling, launched a fund to support local businesses and contributed approximately €6.2 billion to France’s national coffers, creating or maintaining 54,800 jobs.
Française des Jeux CEO reveals group’s long-term goals
For 2022, the group aims to achieve revenue growth of at least 5% and an EBITDA margin rate above 23.5%. “2021 marks the return of FDJ to its pre-crisis growth trajectory for all its activities,” noted FDJ President and CEO Stéphane Pallez.
Pallez added: “The group’s 2021 results are significantly higher than those recorded in 2019, thanks to the acceleration of digital and the growth of the network of points of sale.”
The CEO of Française des Jeux also highlighted that “these performances attest to the relevance of our strategy and lead us to revise upwards the objectives for 2025 both in terms of growth and EBITDA margin. At the same time, we are pursuing our social commitments, which have already been strongly reinforced since the beginning of the health crisis.”
