In the last commercial update of 2021, French operator FDJ revealed a 9% increase in annual revenue to 1.1 billion euros (US$1.3 billion).
Revenue shows a share of 9.2 billion euros, an 8% growth in all activities: 4% in lottery, 25% in sports and betting, while all distribution channels had online shares worth 12 %.
EBITDA of 261 million euros represented a margin of 24.1%, which was driven by a postponement of commercial expenses.
Recurring operating profit and net income were 198 million euros and 146 million euros, respectively.
The group also adds that it is “reaffirming its commitment to responsible gaming and underage gambling prevention by systematically following its lottery and sports betting ads with dedicated messages.”
The brand’s prospects for 2021 are to maintain its momentum and accelerate its commercial investments in the second half of the year, seeking a new way to offer the best possible service to customers.
The FDJ expects to record holdings of around 18.8 billion euros, for revenue of 2.2 billion euros in 2021, with an EBITDA margin “greater than or equal to 22%”.
Stéphane Pallez, President and CEO of FDJ, said: “The second quarter confirmed a recovery in our business to levels above those recorded before the crisis. Our bets are increasing, both online and in our network of points of sale.”
“Throughout the semester, we registered, therefore, an increase of almost 9% in revenue compared to the same period in 2019. Barring new restrictions in response to the evolution of the health situation, the Group expects to maintain a good dynamic in the second semester and is confident in its business and results prospects, in line with its responsible gaming model.”